Economic theory has failed to incorporate the role of energy in production for two centuries since the Physiocrats. In this video I derive a production function that includes energy in an essential manner. It implies that economic growth has been driven by the increase in the energy throughput capabilities of machinery.
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Could the West Lose the Resource Wars? AI, Rare Earths, and Economic Statecraft
In this episode, Nate is joined by financial and economic analysts, Craig Tindale and Michael Every, to discuss the widespread implications of growing geopolitical tensions over scarce resources and the rapidly changing foreign policy and economic statecraft that countries are implementing in response.
March 5, 2026
A response to Jonathan Aldred: On the tortuous relationship between GDP and macroecological footprints
Is decoupling happening, yes, or no? And if not, could it ever happen? Over the course of a few weeks, The Guardian published several pieces on the topic that may appear contradictory, arguing both that “economic growth [is] no longer linked to carbon emissions” and that “economic growth is still heating up the planet.”
March 4, 2026
Britain’s Political Eruption
And you don’t have to be much of a political strategist to work out that voters are going to punish a social democratic party for not looking after the health sector, or for a weak economy—one a core trusted issue, the other a basic test of government competence—more than they will for migration numbers that are misunderstood and repeatedly misrepresented.
March 3, 2026
