The word 'overconsumption' is correct and usable in written English.
You can use it when referring to excessive consumption, usually of resources. For example, "Overconsumption of natural resources has led to numerous environmental problems."
No less than 15% of global carbon emissions are now caused by the overconsumption effects of these policies, according to IMF research.
Second, the fees charged by primary-care physicians were raised sharply after a long period when they had been held down.However, the structural cause of the financial crisis, she points out, is that previous attempts to contain costs have failed to remove the incentives that encourage medical overconsumption.
Transportation mode helps determine the shape and size of the spatial economy, and if negative externalities imply overconsumption of automobile trips, then they also imply an economic space over-dependent on use of a personal automobile.
Some see sharing, with its mantra that "access trumps ownership", as a post-crisis antidote to materialism and overconsumption.
The "all you can eat" buffet nature of European welfare states not only prompts overconsumption; it also means that even those who do well out of the state have little idea how much it is costing overall.
In America, Canada and western Europe smoking tobacco is the principal culprit for DALYs, whereas in eastern Europe it is overconsumption of alcohol.
One such distortion could be subsidies on fossil fuels, which encourage overconsumption.
Debt due to overconsumption is not like debt caused by households expanding their balance sheets with financial assets.
America could get around this problem by requiring and perhaps even funding studies, but leaving insurers and individuals to decide whether to pay for treatments.More competition and transparency would help, but the main goal of any reform plan must be to address the perverse incentives that encourage overconsumption and drive up costs.
I suppose he might be thinking that growth has relied on "overconsumption"; that implies, however, that America was underproducing during its boom and must overproduce now to pay back its debt.
No, they present overconsumption.
