01 February 2011

The ultimate constraint

Absent self-restraint the forces of market competition de-limit the constant impulse of people to want ever more. 
In the absence of market constraints and budget constraints and resource constraints what limits unrestained growth is the resource curse. 
Subjecting oneself to the market mechanism frees one from the burdens of self-restraint but it exposes one to the dangers of the curses that come from excess. 

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