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 Topic: FuturismGoing Green
Even the briefest introduction to economics will describe the Law of Supply and Demand which says that when demand for something goes up (or supply shrinks) that the price will rise until the demand and supply match up again. More demand leads to higher prices.
This law is true only in the short term. In fact, it may be better to understand the reverse of this law:
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In other words, in the long term, more demand leads to lower prices.
As demand for a good increases, that drives increase in supply, and the price drops, sometimes greatly.
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This principle is not a "law" that always happens, but history shows it's the way to bet. And many people know this principle in different forms, but it is very often ignored. Often to serious consequences.
Predictions of shortages and doom are common in history. Centuries ago, Malthus gave a warning on overpopulation that turned out to be completely wrong, and even so it is still repeated. The reality is that run
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