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EP 168 Nate Hagens on Collective Futures

The Jim Rutt Show

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The Jevons Paradox and the Learning Curve

When you make things cheaper people will use more of it. It's actually not that paradoxical right. Originally it was quite difficult to make gasoline from petroleum. And so we had petroleum products around in the late 19th century but only when the price of gasoline diesel fuel got cheap enough to the learning curve did we have the explosion of the automobile and the long haul truck. So listeners remember the Jevons paradox when people tell you that more efficiency is the answer. If there was some sort of a cap, then that sort of efficiency improvement could be a huge benefit for society. In such a situationefficiency and innovation would make huge benefits for society if it wasn't automatically rolled back into more

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