Why is the price of oil so low now? In fact, why are all commodity prices so low?
Articles: economic growth (104)
To orientate to the world properly we need to have a proper feel for the huge amount of what we don’t know...
“Inequality is becoming unbearable,” former Inter-American Development Bank president Enrique Yglesias pronounced. Our economic chasms have reached “obscene proportions.”
I envision fulfilling, challenging, joyful lives within environmental constraints, but I can’t imagine that happening without societal signals to reinforce consistent behavior.
The value of science is undermined when we adopt questionable assumptions and fine-tune our analysis to conform to dominant political and economic sensibilities.
Extremely dangerous political rhetoric has proliferated over the past several decades, seducing the masses onto a path that leads to the destruction of nature and civilization.
Most people haven’t heard about the United Nations Sustainable Development Goals (SDGs).
For thousands of years we have grown — in population, in energy consumption, in land under cultivation, in bits of data, in economic output.
In this post, I show some longer-term time series relating to energy growth, GDP growth, and debt growth–going back to 1820 in some cases–that help us understand our situation better.
Our economy is like a pump that works increasingly slowly over time, as diminishing returns and other adverse influences affect its operation. Eventually, it is likely to stop.