Item of General Interest
See my page PDFs of Posts for a list of printable posts (without comments) since 2014. At the bottom of the Page, a list of PDFs of Presentations is also shown.
Search Results for: steady state
What Would it Take to Get to a Steady State Economy?
Humans live in equilibrium with other species in a finite world. In such a world, there is never really a Steady State. Instead, there is a constant ebb and flow. For a while, one species may be dominant in an … Continue reading
Posted in Financial Implications
Tagged collapse, GDP, population, steady state, steady state economy
441 Comments
There is No Steady State Economy (except at a very basic level)
We keep seeing statements from the Center for the Advancement of a Steady State Economy suggesting that a steady state economy is desirable. I would agree that growth in a finite world is not sustainable, but even continuation of our … Continue reading
What has gone wrong with oil prices, debt, and GDP growth?
Our economy is a mystery to almost everyone, including economists. Let me explain the way I see the situation: (1) The big thing that pulls the economy forward is the time-shifting nature of debt and debt-like instruments. If we want … Continue reading
Posted in Financial Implications
Tagged Debt, economic growth, GDP growth, low oil prices, oil prices
1,637 Comments
Energy limits: Why we see rising wealth disparity and low prices
Last week, I gave a fairly wide-ranging presentation at the 2016 Biophysical Economics Conference called Complexity: The Connection Between Fossil Fuel EROI, Human Energy EROI, and Debt (pdf). In this post, I discuss the portion of the talk that explains several … Continue reading
Posted in Financial Implications
Tagged coal prices, commodity prices, debt levels, oil prices, peak coal
1,725 Comments
A Forecast of Our Energy Future; Why Common Solutions Don’t Work
In order to understand what solutions to our energy predicament will or won’t work, it is necessary to understand the true nature of our energy predicament. Most solutions fail because analysts assume that the nature of our energy problem is … Continue reading
Posted in Financial Implications
Tagged economic growth, energy, energy forecast, fossil fuel, limits to growth, oil
630 Comments
