Thursday, July 5, 2012

iPhones and Wealth Creation

Long time no post. Busy defending health care freedom via my work with The Black Ribbon Project, Docs4PatientCare and Doc Squads.

However, when I read the post linked below, I remembered with fondness my mission at Wealth is Not the Problem and wanted to share with you another example of just why wealth is not the problem but the solution. Add up the cost of all those devices you no longer need to purchase...and think of the saved resources which are now free to devote to ohter uses. Voila! More wealth!

The Miracle that Is the iPhone (or How Capitalism Can Be Good for the Environment)
 They call this process “dematerialization.” By dematerialization, they mean declining consumption of energy or goods per unit of GDP. In a 2008 article in the Proceedings of the National Academy of Sciences, Ausubel and Waggoner, using data from 1980 to 2005, show that the world is on a dematerialization binge, wringing ever more value from less material.
I plan on sending in to the author a very cool addition to their graphic: a glucometer that allows diabetics to measure their blood glucose and phone the result directly to their doctor. All sorts of time and materials can be save with this.

More can be less.