The Prudent Bear: The Bear's Lair: Malthus was just 220 years early

With labor suddenly scarce, even at the modestly skilled level, the returns to labor would be greatly increased.

Yeah, when we had a world population of one billion labor was scarce and and returns to labor great.

The Prudent Bear: The Bear's Lair: Malthus was just 220 years early

The modestly skilled, both in the U.S. and in emerging markets, would be able, through mass robotization, to enjoy lifestyles of which their ancestors of today can only dream.

And then ecological footprint per capita could go on growing forever and ever.

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