This is a lengthy response, and an implicit challenge to debate, prompted by Bill Quick’s “If Something Cannot Go On Forever, It Will Stop,” published on Thursday 27 April and duly Instalanched on Monday 8 May.
The first thing you need to do is read Bill’s essay; it’s ~4,200 words, reading time 10-20 minutes. I’ll be summarizing it below, but my (brief) summary will not only be explicitly theoretical but will be deliberately contrasted with my subsequent application-oriented response, so you will not get an altogether adequate notion of Bill’s thesis by reading this post alone.
That said, this will not be a mere fisking, and given what I believe is Bill’s current geography, only two states east of mine, a face-to-face debate is a real possibility, and one I hope to learn from.
Pi devan! (“Onward!”)