Item of General Interest
I have uploaded a new presentation that I gave June 16, 2018, at the BioPhysical Economics Conference. It is called Insights Regarding the Operation of the Energy Economy.
Monthly Archives: December 2014
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
Not long ago, I wrote Ten Reasons Why High Oil Prices are a Problem. If high oil prices can be a problem, how can low oil prices also be a problem? In particular, how can the steep drop in oil … Continue reading