Submitted by candymannequin t3_ydb3qp in explainlikeimfive
BaldBear_13 t1_itrnfh6 wrote
Reply to comment by matty_a in Eli5: I don't understand why there seems to be a general consensus that gdp will continue a trend of growth, and why this would be beneficial, considering the cyclical nature of economies and empires rising and falling. Isn't economic downturn on some level unavoidable or even beneficial? by candymannequin
Very true. Tradeoff between short-term and long-term is one of the key issues in an economy.
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