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Nobel Prize laureate: World Economy a population “pyramid scheme”

April 8, 2019 - 00:15 -- Admin

By Leith van Onselen Nobel laureate, Steven Chu, has warned that the global economy is on an unsustainable footing, reliant on an ever-increasing population which he described as a population “pyramid” or “ponzi” scheme. From Forbes: “The world needs a new model of how to generate a rising standard of living that’s not dependent on

The post Nobel Prize laureate: World Economy a population “pyramid scheme” appeared first on MacroBusiness.

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