Item of General Interest
I put up a review of Ugo Bardi's new book Extracted: How the Quest for Mineral Wealth is Plundering the Planet on Amazon.
I will be speaking at a conference on oil limits at the UNED Center in Barbastro (Huesca, Spain) on October 9-10. My time slot (including Q/A) is 75 minutes. All sessions will be simultaneously translated into English and Spanish.
Tag Archives: recession
There is a standard view of energy and the economy that can briefly be summarized as follows: Economic growth can continue forever; we will learn to use less energy supplies; energy prices will rise; and the world will adapt. My … Continue reading
In today’s world, we have a huge amount of debt outstanding. Academic researchers Carmen Reinhart and Kenneth Rogoff have become famous for their book This Time is Different: Eight Centuries of Financial Folly and their earlier paper This Time is Different: … Continue reading
If oil is “just another commodity,” then there shouldn’t be any connection between oil prices, debt levels, interest rates, and total rates of return. But there clearly is a connection. On one hand, spikes in oil prices are connected with … Continue reading
The two big stories of our day are (1) Our economic problems: The inability of economies to grow as rapidly as they would like, add as many jobs as they would like, and raise the standards of living of citizens … Continue reading