Author: Gregory W. Pouch, PhD
Article Abstract:
Using well reasoned arguments, the author, a geologist, refutes the Malthusian thesis of 1798 that “there is a fixed supply of material being consumed and that this amount imposes an absolute limit to growth.” Pointing to a commonly held misconception about the proper meaning of the terms: resource, reserve and supply, Pouch goes on to explain the differences among them, indicating, for example that while reserves can be estimated quite accurately; supply and resources are more speculative. He also emphasizes that any exploration and further development of resources depends largely on the economic benefit accruing to such R&D. Finally, he states, “the limits to worry about…..are ourselves, our imagination and our choices.”
