Item of General InterestI will be speaking at the Age of Limits Conference near Artemis Pennsylvania over Memorial Day Weekend. My topic will be "Converging Crises," providing an overview of where we are now.
Tag Archives: recession
What will the world economy be like ten years from now? Or fifty years from now? Is it something that we can forecast by looking at the past, assuming that past tends will continue? Most economists today seem to think … Continue reading
We live in a finite world. Clearly, a finite world has limits of many kinds. Yet economists and other researchers use models that assume that these limits are unimportant for the foreseeable future. They have certainly not stopped to think that … Continue reading
We know the world economic pattern we have been used to in years past–world population grows, resource usage grows (including energy resources), and debt increases. The economy grows fast enough that paying an interest rate a little higher than the … Continue reading
Does a fish know that its nose is wet? Probably not. It swims in water, and assumes that is the only way any animal lives. We live in an economic world. Economic models that were developed years ago were created … Continue reading