"The idea that this new era may evolve unpredictably is also anathema to a technocratic culture and economy that prides itself on forecasting and controlling everything with credit and money.

The previous 40 years of material abundance has nurtured a belief that the solution to any scarcity is to create more money, as some of this new money will inevitably flow into eliminating the scarcity.

The idea that some scarcities cannot be fixed by creating more money doesn't compute.

It may turn out that all the lessons we learned in the past 40 years will not only be useless in this new era, they will be disastrously counter-productive."