Category Archives: Financial Implications

Gail in China Report #2

Greetings Finite Worlders! Gail is on her 1 month lecture tour of China. She’s unable to access WordPress from China, but does have access to email, so she’s sending me updates to publish here on OFW. This is the second … Continue reading

Posted in Financial Implications | 44 Comments

First Report from Gail in China

Greetings Finite Worlders!   Gail is on her 1 month lecture tour of China.  She’s unable to access WordPress from China, but does have access to email, so she’s sending me updates to publish here on OFW.  My Byline/About appears at … Continue reading

Posted in Financial Implications | 110 Comments

The oil glut and low prices reflect an affordability problem

For a long time, there has been a belief that the decline in oil supply will come by way of high oil prices. Demand will exceed supply. It seems to me that this view is backward–the decline in supply will … Continue reading

Posted in Financial Implications | Tagged , , , | 602 Comments

Role of Wages of the Common Worker in Oil Prices, Collapse

In their book Secular Cycles, Peter Turchin and Surgey Nefedov point out the important role falling wages of the common workers played in early collapses. I got to thinking that this might be an issue with our current situation as … Continue reading

Posted in Financial Implications | Tagged , , | 332 Comments

The Problem of Debt as We Reach Oil Limits

(This is Part 3 of my series – A New Theory of Energy and the Economy. These are links to Part 1 and Part 2.) Many readers have asked me to explain debt. They also wonder, “Why can’t we just … Continue reading

Posted in Financial Implications | Tagged , , , , , | 506 Comments