Comments on: The Remarkable Century and the Future http://www.citizeneconomists.com/blogs/2009/09/29/the-remarkable-century-and-the-future/ Citizen Economists is an online economics magazine written by citizen journalists. These ordinary citizens provide reports and commentary on the current events affecting the economics of the fields they work in. Wed, 08 Feb 2012 04:44:52 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Dan McLaughlin http://www.citizeneconomists.com/blogs/2009/09/29/the-remarkable-century-and-the-future/comment-page-1/#comment-20162 Dan McLaughlin Wed, 30 Sep 2009 00:29:11 +0000 http://www.citizeneconomists.com/blogs/?p=1977#comment-20162 One major correction: Growth in now way, ever, comes from consumption. Wealth only comes, in all circimstances, times and conditions, from production. Without production, there is no progress. Without production, there is nothing to consume. The consumption fallacy is the heart of the great Keynsian tragedy that we are no living through. You might want to read Julian Simon's great work, especially "The Ultimate Resourse". He and it has a great deal to say about what you plan to publish in the future. One major correction: Growth in now way, ever, comes from consumption. Wealth only comes, in all circimstances, times and conditions, from production. Without production, there is no progress. Without production, there is nothing to consume.

The consumption fallacy is the heart of the great Keynsian tragedy that we are no living through.

You might want to read Julian Simon’s great work, especially “The Ultimate Resourse”. He and it has a great deal to say about what you plan to publish in the future.

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