Sublime

Free Capital

“Infinite growth in a finite world is an impossibility” goes a popular quote. It is usually rolled out to illustrate that sustainability requires humanity to impose limits. Sometimes people then point to a specific element that they argue we will run out of in relatively short order, for instance phosphorus. I believe that this view is... See more

Albert Wenger • To Infinity and Beyond

Capital is whatever can be transformed or used to produce goods that satisfy human wants. It can be stored, deployed, and accumulated, because it is productive.