Folks,
My wife has an allotment, which provides us with some fruit and vegetables. Over the years we have increased our cultivation of this plot,
until it is cultivated to the edges, with small paths in between the beds. We have reached a balance, where further effort will not produce noticeable gains in
the crop. So now, year by year, we get about the same crop from about the same effort, carefully rotating crops to avoid exhausting the soil. We expect to
carry on like this into the foreseeable future.
Is there any reason to believe that the world economy is not like this?
e.
