Wednesday, December 29, 2010

What is Right, and What is Wrong?




This video that I chose is the 2nd in a 8 part lecture series by Dr. Albert A. Bartlett's lecture on "Arithmetic, Population, and Energy".

The first video talked about the power of exponential growth. It raises an interesting question about whether we are aware what it means when we say 6% or 5% growth.

The second one raises an important question on population issue and how to solve it. If you choose law and order, be prepared for the world to be over-populated. Choose war if you want to balance population growth. Are you willing to do that?

I guess my point is that in choosing to promote something, whether in politics or even your own career, we often fail to consider the full consequences of our choices. For example, while minimum wage is a noble idea, has anyone fully considered the impact of such measure on long-term inflation and subsequent increase in personal debt, and how that ultimately leads to a bubble, and...well, you get my point.

Think hard, think smart.

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