Comment by kjkjadksj

The idea of abundance vs scarecety makes sense on the outset. But I have to wonder where all this alleged abundance is hiding. Sometimes the assumptions feel a bit like “drill baby drill” to me without figures and projections behind it. One would think if there was much untapped capacity in resources today it would get used up. We can look at how agriculture yields improved over the 19th century and see how that lead to higher populations but also less land under the plow and fewer hands working that land, vs having an equal land under plow and I don’t know dumping the excess yield someplace where it isn’t participating in the market?