Dr. Tim Morgan is the former head of research at Tullett Prebon. He is the creator of the SEEDS economic model and author of Life After Growth (2013). He discusses his findings, economics and related subjects on his blog, Surplus Energy Economics.
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It’s the end of growth as we know it
Beyond living standards, economic growth has shaped how societies cope with shocks and distribute gains. As growth weakens, these less visible functions may prove just as consequential as its economic effects.
June 26, 2026
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




