I saw this great Tweet from Pedal Me a few days ago:
I’m not sure where this quote originates – those who say it cannot be done should not interrupt those who are doing it – but it’s very apt in so many ways. Climate change is one example.
According to an article in the Australian Financial Review (full text available in reddit), the Australian economy is lacking in complexity which means the main exports are natural resources. Australia has the same export profile as Angola despite it being the 8th richest nation in the study. You can see the export profile here. The problem is the continued investment in 18th century technology (i.e, coal) has been at the expense of new technology. From the article, “Australia sells the world almost nothing, relative to total exports, that requires a degree to make“.