MS

Markus_Stoor

1 karmaJoined Nov 2019

Comments
2

Yes. But it moves the hurdle quite a bit I would guess.

I believe that there might be a counterargument somewhat along these lines.

1. Effective interventions will largely depend on investments in information/prestige goods because they will probably aim to steer the usage of much larger resources.

2. These kinds of investments are made in competition with other investments in information/prestige goods aiming to steer the usage of much larger resources.

3. The ratio between information/prestige goods and physical goods changed much during the last century. Information/prestige goods are a much larger portion of our production/consumption today than a hundred years ago. We might reasonably expect this trend to continue, at least globally, for the coming century.

To me these premises seem to lead to the conclusion that:

4. The invested funds must surpass general economic growth and reach general growth + change towards information/prestige goods in order to be better compete for steerage of larger resources in a hundred years time than now.