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  1. Jul 2024
    1. Given that assumptions of quantitativegrowth are pervasive in our society andhave been present for many generations,it is perhaps not surprising that growth isnot widely understood to be a transientphenomenon. Early thinkers on the physicaleconomy, such as Adam Smith, ThomasMalthus, David Ricardo and John Stuart Millsaw the growth phase as just that: a phase9

      for - quote - economic growth - pioneering economists saw growth not as permanent, but as just a temporary phase

      quote - economic growth - pioneering economists saw growth not as permanent, but as just a temporary phase - (see below) - Given that - assumptions of quantitative growth are pervasive in our society and - have been present for many generations, - it is perhaps not surprising that growth is not widely understood to be a transient phenomenon. - Early thinkers on the physical economy, such as - Adam Smith, <br /> - Thomas Malthus, - David Ricardo and - John Stuart Mill - saw the growth phase as just that: a phase