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Tag Archives: globalization
Electricity won’t save us from our oil problems
Almost everyone seems to believe that our energy problems are primarily oil-related. Electricity will save us. I recently gave a talk to a group of IEEE electricity researchers (primarily engineers) about the current energy situation and how welcoming it is for … Continue reading
Posted in Financial Implications
Tagged electricity, globalization, oil prices, renewable energy, wind energy
2,042 Comments
Why Globalization Reaches Limits
We have been living in a world of rapid globalization, but this is not a condition that we can expect to continue indefinitely. Each time imported goods and services start to surge as a percentage of GDP, these imports seem … Continue reading
Posted in Financial Implications
Tagged commodity prices, demand growth, economic growth, exports, globalization, imports, oil prices
1,263 Comments
BP Data Suggests We Are Reaching Peak Energy Demand
Some people talk about peak energy (or oil) supply. They expect high prices and more demand than supply. Other people talk about energy demand hitting a peak many years from now, perhaps when most of us have electric cars. Neither of … Continue reading
Sustainability: How Humans’ Economy Differs from Natures’
A few years ago, I had an ah-ha moment when it comes to what we as humans would need to do to live in a sustainable manner. It is very easy. All we have to do is leave our homes, … Continue reading
Posted in Financial Implications
Tagged economic growth, globalization, instincts, investment, oil price, sustainability
354 Comments
Twelve Reasons Why Globalization is a Huge Problem
Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss real-world problems. In particular, they miss the point that the world is finite. We don’t … Continue reading
