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The thesis of this blog is that perpetual growth is impossible in a finite world. I believe this to be the fundamental problem facing humanity at this point in time: it underlies the current ongoing global financial crisis, climate change, and peak oil – indeed, peak just about everything. At heart, the drive for perpetual growth is an economic issue, and so this episode of Too Fat For Our Pants is about economics. I am not an economist, I have never formally studied economics – my knowledge of the discipline comes from having read books about it. Gasp! That means that there is a very real possibility that I have a better understanding of economic principles than many economists, not because economists are dumb and I'm smart, but because formal economic training is deeply flawed and incomplete. The good news is that if I can learn and grasp basic economic principles, then so can you: this is just another one of those things that we are encouraged not to understand, in fact we are told that it is too complicated for people to understand over and over and over again. I might go so far as to suggest that the obfuscation of economics has been deliberate: a lot of money is made on the back of people’s ignorance. Knowledge is power, as they say, so hopefully today’s show helps you to arm yourself a little better.