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.
Category Archives: Financial Implications
The most prevalent view regarding future oil supply, as well as total energy supply, seems to be fairly closely related to that expressed by Peak Oilers. Future fossil fuel supply is assumed to be determined by the resources in the … Continue reading
It is impossible to tell the whole oil story, but perhaps I can offer a few insights regarding where we are today.  We already seem to be back to the falling oil prices and refilling storage tanks scenario. US crude oil … Continue reading
Central bankers seem to think that adjusting interest rates is a nice little tool that they can easily handle. The problem is that higher interest rates affect the economy in many ways simultaneously. The lessons that seem to have been … Continue reading
Since the late 1990s, globalization has seemed to be the great hope for the future. Now this great hope seems to be dimming. Globalization sets up conflict in the area of jobs. Countries around the world compete for development and jobs. … Continue reading
Once upon a time, we worried about oil and other energy. Now, a song from 1930 seems to be appropriate: Today, we have a surplus of oil, which we are trying to use up. That never happened before, or did … Continue reading