Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University.
- Nature’s Capital Is The Limiting Resource–Paul Craig Roberts (Paul Craig Roberts, Jan 24, 2013):
Nature’s Capital Is The Limiting Resource
Life will perish as the environment perishes
21st century ecological economistPaul Craig Roberts
Only in science fiction can humans escape the consequences of destroying their own habitat. In Robert A. Heinlein’s Time Enough For Love, the “Great Diaspora of the Human Race” began “more than two millennia ago” and has spread to more than “two thousand colonized planets.” The once “lovely green planet” Earth is a slum planet barely able to support life where only the poorest live, Earth’s natural capital having been consumed over two thousand years ago. Humans have found the ability to rejuvenate themselves and to live almost endless lives, but they are unable to rejuvenate the planets whose natural capital they devour. Humans have not encountered “one race as mean, as nasty, as deadly as our own.” As homo sapiens use up the environments of colonized planets, “human intergalactic colony ships are already headed out into the Endless Deeps,” leaving their ruins behind them.
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