Item of General Interest
May 15. I will be vacationing between now and June 2. I expect to have Internet access, so I will still be available somewhat, and may even put up a new post or two.
Category Archives: Introductory Post
Why is the price of oil so low now? In fact, why are all commodity prices so low? I see the problem as being an affordability issue that has been hidden by a growing debt bubble. As this debt bubble has … Continue reading
The story of energy and the economy seems to be an obvious common sense one: some sources of energy are becoming scarce or overly polluting, so we need to develop new ones. The new ones may be more expensive, but … Continue reading
The two big stories of our day are (1) Our economic problems: The inability of economies to grow as rapidly as they would like, add as many jobs as they would like, and raise the standards of living of citizens … Continue reading
Quiz: What will cause world oil supply to fall? Too little oil in the ground Oil prices are too low for oil producers Oil prices are too high for oil consumers leading to recession, debt defaults, and ultimately a cut … 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