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“Some doomsayers think the collapse will be triggered by runaway government spending, excessive taxation, oppressive regulation, food shortages, fuel shortages or natural disasters such as deadly pandemics or lethal changes in the world's climate.” quote by Robert Higgs
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“Some doomsayers think the collapse will be triggered by runaway government spending, excessive taxation, oppressive regulation, food shortages, fuel shortages or natural disasters such as deadly pandemics or lethal changes in the world's climate.”

Robert Higgs

About This Quote

Source Essay: “The Economics of Collapse”, 2020

Various crises—fiscal, regulatory, resource, environmental—are cited as potential triggers for societal collapse.

In simple terms: Many problems could cause collapse.

Key Takeaway

Consider multiple risk factors.

Themes

risk economics environment policy society future

Mood

analytical cautious

Type

analytical strategic

When to use this quote

  • policy planning
  • investment strategy
  • community resilience
  • academic research

Key Concepts

systemic risk resource scarcity government debt climate change pandemic

Questions to Reflect On

  • Which risk seems most immediate to you?
  • How can societies mitigate multiple threats simultaneously?
A Different Perspective

Focusing on one cause may overlook complex interdependencies.

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