http://www.nature.com/nature/journal/v545/n7653/full/545154a.html?WT.mc_id=TWT_NatureNews&sf78118478=1&sf78340687=1
This blind belief in innovation as a panacea is, as West points out, often coupled to misapprehension or even denial of the costs of open-ended growth, such as climate change. At best, such issues are swept under the carpet as "externalities", market failures that pose a nuisance for economic accounting. An economics afflicted by such attitudes is not even a dismal science; it's a pseudoscience.
_- Steve
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