Item of General Interest
April 14. I am back at home, after four weeks in China. I am even mostly over jet lag. I had a very interesting time there, thanks to Prof. Feng, his students, and his many friends.
Tag Archives: debt bubble
(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
Oil and other commodity prices have recently been dropping. Is this good news, or bad? I would argue that falling commodity prices are bad news. It likely means that the debt bubble which has been holding up the world economy … Continue reading