I wonder if anyone remembers the Meadows study "Limits of Growth", ordered by the Club of Rome in the 70ties? http://en.wikipedia.org/wiki/Limits_to_Growth

The book says that in a finite world economic growth cannot be infinite. They simulated several scenarios and said that there would be a phase were production and population would go on growing but then there would be a breakdown. They suggested to limit economic and population growth and get a constant economy.

They updated this in 1992 and added the limitation of polution.

Everytime I hear about the economic growth in China (and India ...) this book comes into my mind.

What do you think about it?