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When civilization [population] increases, the available labor again increases. In turn, luxury again increases in correspondence with the increasing profit, and the customs and needs of luxury increase. Crafts are created to obtain luxury products. The value realized from them increases, and, as a result, profits are again multiplied in the town. Production there is thriving even more than before. And so it goes with the second and third increase. All the additional labor serves luxury and wealth, in contrast to the original labor that served the necessity of life.
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On economic growth

 

Ibn Khaldun

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Just like a computer, we must remember things in the order in which entropy increases. This makes the second law of thermodynamics almost trivial. Disorder increases with time because we measure time in the direction in which disorder increases. You can’t have a safer bet than that!

 

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Knowledge is employed in the service of the necessity of life and primarily in the service of the instinct of personal preservation. The necessity and this instinct have created in man the organs of knowledge and given them such capacity as they possess. Man sees, hears, touches, tastes and smells that which it is necessary for him to see, hear, touch, taste and smell in order to preserve his life. The decay or loss of any of these senses increases the risks with which his life is environed, and if it increases them less in the state of society in which we are actually living, the reason is that some see, hear, touch, taste and smell for others. A blind man, by himself and without a guide, could not live long. Society is an additional sense; it is the true common sense.

 

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Population, when unchecked, increases in a geometrical ratio, Subsistence, increases only in an arithmetical ratio.

 

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In stark contrast, President Obama has failed to advance policies that promote economic and job growth, focusing instead on increasing the size and scope of the federal government, which increases the debt, requires large tax increases, and burdens business with many new financial and health care regulations. The result is an anemic economic recovery and high unemployment. His future plans are to double down on the failed policies, which will only prolong slow growth and high unemployment.

 

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