Who is on this subjectordered by the date of their first quote here
2 of 2 lanes rest on fewer than 5 quotes and are marked thin. Offsets are days from the middle first-quote date, 3 Mar 2022 — a date, and nothing else. It is not a claim about who reached a view first.
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David Friedberg
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3 Mar 2022 – 29 Sep 2022
+0 d
- John Williams 2 thin
The chronologysourced and dated, oldest first
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David Friedberg
Friedberg argues sustainability comes from technology that enables more consumption at lower environmental impact, not from consuming less.
“I think sustainability arises from building technology based solutions that let consumers consume more and dropping the price and dropping the environmental impact.”
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David Friedberg
Friedberg argues sustainability should focus on enabling vastly increased consumption through productivity gains, not consumption reduction.
“our objective shouldn't be about in sustainability, shouldn't be about, hey, can we get people to consume less? It should be, can we get people to consume more?”
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John Williams
Williams cites New York Fed research showing higher-income households and homeowners had substantially stronger consumption growth than lower-income renters.
“Research by New York Fed economists found that over recent years, higher-income households and homeowners have experienced substantially stronger consumption growth than lower-income households and renters.”
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John Williams
Williams explains the perverse result comes from wealth effects and higher rates leading households to consume more and work less.
“This “perverse” result, in the words of John Campbell (1994), 5 stems from the combination of a strong wealth effect and higher expected real interest rates, which contribute to a transition period during which households enjoy greater consumption and leisure.”
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