"In 1972, the seminal book Limits to Growth by a group called the Club of Rome claimed that exponential growth would eventually lead to economic and environmental collapse.
The group used computer models that assessed the interaction of rising populations, pollution, industrial production, resource consumption and food production.
Most economists rubbished the book and its recommendations have been ignored by governments, although a growing band of experts today continues to argue that we need to reshape our economy to become more sustainable.
Now Graham Turner at the Commonwealth Scientific and Industrial Research Organisation (CSIRO) in Australia has compared the book's predictions with data from the intervening years..."
More here:
http://www.newscientist.com/article/dn16058-prophesy-of-economic-collapse-coming-true.html