Steve Keen: "On the Origins of Energy Blindness”
The Great Simplification with Nate Hagens
The Significance of Creativity and Wisdom in Harnessing Energy
Creativity and wisdom play a crucial role in enhancing energy harnessing. By innovating new methods, one can significantly increase the yield of energy from the same resources. The speaker emphasizes that wisdom is more important than physical effort in achieving this. It is through our ability to devise new ways of harnessing energy that we can exploit free energy more rapidly and effectively. Moreover, wisdom is embodied in the technology we create. The speaker also highlights the significance of wisdom, stating that a single paragraph contains more wisdom than an entire work. Additionally, the speaker speculates on potential energy loss in the coming decades and its potential impact on the GDP, suggesting a need for economists to address this scenario.
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