Wolfgan Sachs - Wuppertal Institute
"American psyche is at grave odds with realistic environmental constraints"
Leads to unsustainable economics
Stern report - the interest rate that we pick has huge impact on investments in the future or spending our resources now
Graedel and Allensby
discount rate A = V e ^-(1-i)*t = V* (1-i)^-t
provides "incentive to use resources as soon as possible"
Collapse is caused by not realizing that the future will include pulses and from the fundamental misconception that time is linear and constant.
"Pulsing prevails because operations that pulse transform more energy than those at steady state" Odum and Odum 2001, pg. 79
Accumulating complexity with no mechanisms for restructuring, i.e. no appreciation of the panarchy cycle.
There seems to be a controversy: does over complexity lead to collapse (Tainter) or is complexity required to deal with resource limitation that accompanies society growth? (ref Sawyer)