Whatever the actual lifetimes of individual reserves might be, and they could vary considerably, the point remains; if present trends continue; if they do and technology cannot meet the demands made on it, the question of resource exhaustion becomes not if, but when. But current trends may not continue, and therein lies the principal weakness of both studies. It is in keeping with what we have so often said in this manuscript that both the Club of Rome and Barnett and Morse' studies have given numbers a reality all their own. Yet, while numbers reflect economic activity, they are not themselves the activity; they result from it. The activities they describe are separate, real, physical phenomena. What factors caused economic growth to occur in the recent past and which were most important cannot be determined with certainty; quite definitely they cannot be expressed in a number. Growth results essentially from qualitative, not quantitative change. What we do know is that the growth that resulted, insofar as it represented an increased volume of output of metals, represented extraction. Neither production nor growth in production can be viewed as a separate phenomenon from extraction. As the different results of the two studies show, whether future growth (in the same sense) can continue at the same rate depends upon technology; now whether