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.
Tag Archives: oil prices
Usually, we don’t stop to think about how the whole economy works together. A major reason is that we have been lacking data to see long-term relationships. In this post, I show some longer-term time series relating to energy growth, … Continue reading
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
In Part 1 of this series, I talked about why cheap fuels act to create economic growth. In this post, we will look at some supporting data showing how this connection works. The data is over a very long time … Continue reading
Since about 2001, several sectors of the economy have become increasingly inefficient, in the sense that it takes more resources to produce a given output, such as 1000 barrels of oil. I believe that this growing inefficiency explains both slowing … Continue reading
Does the recent climate accord between US and China mean that many countries will now forge ahead with renewables and other green solutions? I think that there are more pitfalls than many realize. Pitfall 1. Green solutions tend to push … Continue reading