The lesson of economy that everyone should read

http://m.wsj.com/articles/peak-oil-debunked-again-1417739810?mobile=y

Yes, P Krugman is a true scientific economist. He was wrong so many times.

http://www.nytimes.com/2010/12/27/opinion/27krugman.html?hp&_r=1&

"The happy ending is that the notion that the world is running out of resources always fails because the ingenuity of entrepreneurs, spurred by necessity and incentive, always exceeds the imagination of doomsayers."

Indeed!