Our current trajectory suggests that the world system will realise a decline in living standards. Image sourced from www.shutterstock.com December 9, 2013 Reaching its limits: can the global economy keep growing? Bruce Henry, UNSW and Isaac Donnelly, UNSW In 1972 a group of scientists, known collectively as the Club of Rome, constructed a detailed mathematical model to test whether population growth and economic development could continue indefinitely and…