Tag Archives: GDP growth

Charts showing the long-term GDP-energy tie (Part 2 – A New Theory of Energy and the Economy)

Posted on February 5, 2015 by Gail Tverberg

In Part 1 of this series, I talked about why cheap fuels act to create economic growth. In this post, we will look at some supporting data showing how this connection works. The data is over a very long time … Continue reading →

Posted in Financial Implications | Tagged , , , , | 380 Comments

Oil Limits Reduce GDP Growth; Unwinding QE a Problem

Posted on August 2, 2013 by Gail Tverberg

We know the world economic pattern we have been used to in years past–world population grows, resource usage grows (including energy resources), and debt increases. The economy grows fast enough that paying an interest rate a little higher than the … Continue reading →

Posted in Financial Implications | Tagged , , , , | 267 Comments

Our Investment Sinkhole Problem

Posted on February 8, 2013 by Gail Tverberg

We are used to expecting that more investment will yield more output, but in the real world, things don’t always work out that way. In Figure 1, we see that for several groupings, the increase (or decrease) in oil consumption … Continue reading →

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Humans Seem to Need External Energy

Posted on August 17, 2012 by Gail Tverberg

Strange as it may seem, humans seem to have evolved in a way that we have a need for external energy, such as energy from burning wood or fossil fuels. While the evidence is not 100% certain, it appears that … Continue reading →

Posted in Book draft, Financial Implications, Introductory Post | Tagged , , , , , , | 138 Comments

Evidence that Oil Limits are Leading to Declining Economic Growth

Posted on July 13, 2012 by Gail Tverberg

The usual assumption that economists, financial planners, and actuaries make is that future real GDP growth can be expected to be fairly similar to the average past growth rate for some historical time period. This assumption can take a number … Continue reading →

Posted in Financial Implications | Tagged , , , , , , | 56 Comments