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Entrepreneurial Risks
 
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Combining environmental and social sciences for decisions

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A. Johansen and D. Sornette, Finite-time singularity in the dynamics of the world population and economic indices, Physica A 294 (3-4), 465-502 (15 May 2001)

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Pessimistic View Point: "Natural" Scientists

"Excessive peopling of the world is contributing to major environmental trauma, including famine, rain forest destruction, global warming, acid rain, pollution of air, water, overflow and even to the AIDS epidemic."

Union of Concerned Scientists (with 99 Nobel Prize winners) asks nations to stabilize population immediately

58 National Academies of Sciences (24-27 Oct. 1993, "Science Summit")

Optimistic View Point: "Social" Scientists

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No food, one problem. Much food, many problems

Anonymous

By 1990, the economics profession has turned almost completely away from the previous view that population growth is a crucial negative factor in economic development.

More people, greater wealth, more resources, healthier environment

"Additional persons produce more than they consume in the long run, and natural resources are not an exception."

J.L. Simon, 1932 - 1998, University of Maryland

Innovative spirit of mankind will solve problems as they appear.

Succession of revolutions: tools, agriculture, industrial, medical, information, biotechnology, networks (internet...)

 

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