Item of General Interest
Nov. 5. I added a new 40 minute audio interview with Jim Kunstler to my Presentations/Podcasts page. The general topic is my views on Energy and the Economy.
I have also added the two new presentations that I have recently written up as posts to that page as well. These are Our Electricity Problem: Getting the Diagnosis Correct and Oops! The economy depends on an energy-related debt bubble.
Monthly Archives: June 2011
We have all read about the standard “fixes” for a governmental debt problem–(1) inflate your way out of the problem, (2) cut programs and/or raise taxes, and (3) restructure debt, perhaps delaying repayment and giving bondholders a “haircut” on promised … Continue reading
The International Energy Association (IEA) announced a plan today to make 60 million barrels of oil available to the market over the next month from the Strategic Petroleum Reserve (SPR), in response to the disturbance in supplies from Libya. Half of … Continue reading
It seems to me that most policymakers have missed some basic issues with respect to our energy problem. One of these is that world oil supply is very inelastic–that is, even with high price, it doesn’t rise much, if at … Continue reading
This is a guest post by Dr. Gary Peters, author of Population Geography. The United Nations warned recently that the global consumption of natural resources could almost triple to 140 billion tons a year by 2050 unless nations take drastic … Continue reading
Over the years, we have become accustomed to a rising standard of living. One of things that has helped this happen is a gradually declining ratio of food costs to total personal expenditures. Energy costs have not followed as clear … Continue reading