The consequences of growth

Professor Albert Bartlett:
“The greatest shortcoming of the human race is our inability to understand the exponential function.”

Millions of people have watched an old guy talking about arithmetic on Youtube. What’s the big deal?

If you believe that science and technology can and will fix all the ills of the world and that we can burn oil and coal to our hearts’ content you need to watch this. It’s not speculation, it’s incontrovertible fact based on fundamental arithmetic.

If you Google “The most important video you’ll ever see” this is what you’ll find:

It’s low definition, but it’s interesting, well structured, and important. Professor Bartlett’s inarguable conclusions are relevant to every person on the planet and most particularly to those of us in the developed world.

Sadly, Dr Bartlett died on September 7, 2013

If everyone understood the easily grasped basic principles of exponential growth and its consequences we’d be living in a better world. Particularly disturbing in Professor Bartlett’s talk are the asinine and incredible views of influential people who believe that basic arithmetic and the laws of physics aren’t applicable in their patch.

It will help you to understand compound interest too. 🙂