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Tag Archives: energy limits
The world economy can appear to be operating quite well but can be hiding a major problem that causes it to be fragile. My presentation The World’s Fragile Economic Condition (PDF) explains why we should expect financial problems if energy consumption … Continue reading
Why have long-term interest rates generally fallen since 1981? Why have asset prices risen? Can these trends be expected to continue? The standard evaluation approach by actuaries and economists seems to be to look at past patterns and assume that … Continue reading
The energy limit we are running into is a cost limit. I would argue that neither the Republican or Democrat approach to solving the problem will really work. The Republicans favor “Drill Baby Drill”. If the issue is that the … Continue reading