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If you find yourself with a spare half an hour today, do yourself a favour and listen to the below half-hour interview with investment great Jeremy Grantham. In this interview with the BBC, entitled Managing progress in a world of finite resources, Grantham discusses the limits of exponential growth in a finite world, looming energy shortages and what it means for commodity markets, problems with measuring economic progress using gross domestic product (GDP), declining productivity, and a wide range of other interesting topics.
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Source: BBC
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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