Wasteful abusive and focused on labor productivity.

He accumulated his fortune by hard work.

Gerty, we're going to have to find a way to ramp up production.

So, having one pipeline is effective in giving you extra production. But it can only go so fast.

When someone is doing really well and getting a really great return, it attracts competition.

If no one's saving, then there's no money for investment.

So what can we do?

Production has remarkably increased.

Industrial production in July rose sharply.

HlV, malaria, poverty, not going to school.

Books add to the pleasures of life.

the process of creative destruction.

We need to use less to make more.

Now what savings turns into, is essentially new investment to raise your ouput.

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The output of this factory has increased by 20 .

As the world becomes wealthier as well as more populous, we're seeing increases in dietary consumption of meat, which take a lot more resources than a vegetarian diet does.

That means that we have now more food available than ever before in human history.

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And many of the things that are waiting in the wings today, will be made possible.

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I have an idea that if I could get a bunch of people to dig canals to the crops, that we'll be able to grow more crops throughout the year and we'll all be richer because we'll all have more food and that's a true good and service in its best sense.

We can produce them, in a space a bit more than this red carpet,

In 1976, coal output was 605 million tonnes, an increase of 4. 1 per cent.

Do you know what slows it down?

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Besides, what could you do?

A hundred schools by the end of the summer.

As the world grows by several billion more people,

It's a germ cell.

But this is just our capacity, our productive capacity.

OK, if you put steam into coal fields or petroleum fields that have been running for decades, you can get a really substantial increase, like an eight fold increase, in your output.

And we actually build stronger social relationships as a result.

The world has avoided this die off by finding new lands to cultivate, or by increasing production, which has been possible largely thanks to oil.

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