Category Archives: Financial Implications

Businessweek Gets it Wrong—Everything You Know About Peak Oil is ‘Not’ Wrong

Posted on February 6, 2012 by Gail Tverberg

On January 26, Bloomberg Businessweek printed an editorial by Charles Kenny titled, “Everything You Know About Peak Oil Is Wrong”. This editorial reflects several common misunderstandings. According to Kenny: Titled Limits to Growth, their report suggested the world was heading … Continue reading →

Posted in Financial Implications, News Related Post | Tagged , , , , , , , , , , | 139 Comments

The Most Important Resource for Our Future: Inexpensive Oil (but its not really available)

Posted on February 1, 2012 by Gail Tverberg

Our economy runs on oil. Most of the tractors used for growing food run on oil. Nearly all of today’s cars and trucks run on oil. It is popular to talk about changing to some other fuel, but the practicalities … Continue reading →

Posted in Financial Implications, Introductory Post | Tagged , , , , , , , , | 64 Comments

More Reasons Why We are Reaching Limits to Growth

Posted on January 25, 2012 by Gail Tverberg

In a recent post, I talked about why we may be reaching Limits to Growth of the type foretold in the 1972 book Limits to Growth. I would like to explain some additional reasons now. In my earlier post, I … Continue reading →

Posted in Financial Implications, Planning for the Future | Tagged , , , , , , , , | 91 Comments

Where do continued high oil prices lead us?

Posted on January 18, 2012 by Gail Tverberg

We know high oil prices have an adverse impact on the economy, often leading to recession. According to Economist James Hamilton, 10 out of 11 of US recessions since World War II have been associated with oil price spikes. But … Continue reading →

Posted in Financial Implications, Planning for the Future | Tagged , , , , , , | 67 Comments

The Faustian Bargain that Modern Economists Never Mention

Posted on January 9, 2012 by Gail Tverberg

This is a guest post by Dr. Gary Peters. He is a retired geography professor. Historically people have shifted their belief systems in various ways. The Greeks and Romans believed in numerous gods and goddesses and attributed all kinds of … Continue reading →

Posted in Financial Implications, Guest post | Tagged , | 81 Comments