Some thoughts on the current economic crisis and science

1. I get a little miffed whenever I hear people say that solar energy is a renewable energy resource. It isn't. Our sun will go out one day like a blown light bulb, in the far distant future.

2. I wish politicians had taken a course in thermodynamics (or at least remembered the subject matter).The current global (capitalist) economic system builds on the "permagrowth" model - one that requires endless growth — in demand, in consumption, in population. Given the finite resources on earth, this is a physical impossibility. Much like the perpetual motion machine question I saw in one of the A levels physics 'S' paper.

3. For economics students a similar concept is 'scarcity'.

4. I like hellasiou's blog because I can relate to his views from a scientific viewpoint.