Dangerous exponentials – a radical take on the future (report excerpt)
Tullett Prebon – a financial intermediary with revenues of around £1bn/year produced a report acknowledging the ‘forest of exponentials’ which is currently observable, and “which is neither properly understood, effectively calibrated or coherently managed… Ultimately, the economy is an energy-driven construct, yet the vital concept of energy returns is woefully misunderstood.”
October 18, 2010