I'm skeptical. I just skimmed the paper, but most of it seems to be taking a financial/macro-economic perspective without too much analysis on individual resources availability and the damage just current levels of output are causing to our environment/resources. I've seen other research that claim we are already over the carrying capacity of Earth, some say by a large margin (e.g. carrying capacity is 2 billion people). I'm pretty sure humans are already using (and degrading) the majority of Earth's arable land, for instance.
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