Creative Commons License
Creative Commons License
Tag Archives: wage disparity
Increased Violence Reflects an Energy Problem
Why are we seeing so much violence recently? One explanation is that people are sympathizing with those in the Minneapolis area who are upset at the death of George Floyd. They believe that a white cop used excessive force in … Continue reading
Posted in Financial Implications
Tagged Covid-19, economic growth, low oil prices, Vitamin D, wage disparity
2,617 Comments
Debunking ‘Lower Oil Supply Will Raise Prices’
We often hear the statement, “When oil supply is lower, oil prices will rise because of scarcity.” Now, we are getting to see firsthand whether oil prices really do rise, as oil supplies become more scarce. Figure 1 shows that … Continue reading
Posted in Financial Implications
Tagged coal prices, energy demand, oil prices, OPEC oil, wage disparity
1,469 Comments
The World’s Fragile Economic Condition – Part 1
Where is the world economy heading? In my opinion, a large portion of the story that we usually hear about how the world economy operates and the role energy plays is not really correct. In this post (to be continued … Continue reading
How energy shortages really affect the economy
Many people expect energy shortages to lead to high prices. This is based on their view of what “running out” of oil might do to the economy. In this post, I look at historical data surrounding inadequate energy supply. I … Continue reading
Posted in Financial Implications
Tagged debt bubble, high oil prices, oil prices, wage disparity, World War I
1,989 Comments
Nine Reasons Why Globalization Can’t Be Permanent
Since the late 1990s, globalization has seemed to be the great hope for the future. Now this great hope seems to be dimming. Globalization sets up conflict in the area of jobs. Countries around the world compete for development and jobs. … Continue reading
Posted in Financial Implications
Tagged coal production, economic collapse, economic growth, oil prices, wage disparity
2,343 Comments
