Helping America Navigate a New Energy Reality

James D. Hamilton

By on 24 Oct 2011 in quotes

“Most economists view the economic growth of the last century and a half as being fueled by ongoing technological progress. Without question, that progress has been most impressive. But there may also have been an important component of luck in terms of finding and exploiting a resource that was extremely valuable and useful but ultimately finite and exhaustible. It is not clear how easy it will be to adapt to the end of that era of good fortune.”

James D. Hamilton

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