_ It is wholly a confusion of ideas to suppose that the economical use of fuel is equivalent to a diminished consumption. The very contrary is the truth._
(Jevons, 1865)

https://economicsfromthetopdown.com/2024/05/18/a-tour-of-the-jevons-paradox-how-energy-efficiency-backfires/

*"Economics from the Top Down" is a fascinating socioeconomics blog from an independent researcher (not the conspiracy theorist kind!, one with an actual degree and informed yet fresh insight into the how economics actually works in reality not theory)

There are no comments yet.