December 20, 2017 — The wrap-up.
We've enjoyed your participation during this 2017 course on Lyndon LaRouche's economics. For a final review class we will focus on three themes:
1. The metrics of economics: what must economists measure?
2. The origin of economic growth: understanding and measuring creative discovery
3. The future: creating policy
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Following your immensely wise economics series. I am an expert in electricity generation (Germany).
Just lessening your #11 Wrap up Series and you mentioned that " by replacing conventional PPlants by Fission or Fusion reactors the cost of electricity would fall down to almost nil " . Please, that might become truth maybe with future FUSION PPLANTS in the future. Nowadays elec. generation using Fission PPlants results in costs of about 8 – 12 US Cents for each kWh, since implementation costs are at ab. 4000 – 6000 US$/kW (see last 1500 MW PPlant in Finland, by EDF , final cost of 9 -10 Billion US$ after 8 years constr. time )
Best regards,
Dipl.- Ing Elghi E. Segovia
Energy & HydroPPlants Expert
(Question by Jonathan Thron, Berlin)
And in this light, what would you say, what is the foundation for optimism and do you think, that this foundation is related to the foundation of a nation state?
(Question by Jonathan Thron, in Berlin)