tag:blogger.com,1999:blog-2098432983500045934.post7621661011540720855..comments2024-03-12T22:19:32.339-04:00Comments on The New Arthurian Economics: Actual FantasyThe Arthurianhttp://www.blogger.com/profile/16501331051089400601noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2098432983500045934.post-64338026899764591522010-12-04T08:14:06.038-05:002010-12-04T08:14:06.038-05:00In fairness, exponential growth can really look li...In fairness, exponential growth can really look like that. For instance, the current-voltage characteristic of a diode is really an exponential curve. But in practice you "approximate" it as an abrupt transition from "off" to "on" at 0.6 volts or something, and it is a pretty good approximation. (e.g.: something like http://en.wikipedia.org/wiki/File:Diode_Modelling_Image10.jpg - more like: http://en.wikipedia.org/wiki/File:Diode_Modelling_Image8.png)<br /><br />With that said, those graphs certainly look pretty suspicious. Clearly there are some false assumptions going into them.Jerrynoreply@blogger.com