Lindsay Curren

European banks in the United States

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This paper by Hyun Song Shing, Global Bank Glut and Loan Risk Premium, has already been flagged by Paul Krugman and Tyler Cowen a couple of days back, but with rather brief commentary. I found the paper absolutely eye-opening and wanted to alert my readers to it with more emphasis – if you hadn’t already gotten this perspective somewhere else it’s very important to take it on board in thinking about the world.

Using Science to Read the Early-Warning Signs

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Can ecology, biology, mathematics and physics help us avoid (or at least predict) forthcoming troubles of the worst kind? An interview with scientist Len Fisher, Ph.D., author of the new book Crashes, Crises, and Calamities: How We Can Use Science to Read the Early-Warning Signs .

Occupy Maine and the need to decentralize

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Decentralization of the Occupy movement is as important as the decentralization of any other piece of our infrastructure. If the #OWS crowd popped up in small groups around NYC, they would be easier to raid individually, but not much worth it. If one goes down, there are sites still available to regroup and relocate. … Good communications could combine dispersed occupiers for various marches and individual protest demonstrations. Seriously, we need to be in little, flexible, creative bunches everywhere, not in one giant lump.

The peak oil crisis: a report to remember

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In the last few years the IEA’s annual report has come to recognize that the next 25 years are unlikely to be anything like the last 25 and the report has become much more nuanced. Gone are the extreme predictions that the world will be consuming 50 percent more oil 25 years from now. In their place are forecasts that global oil production will depend heavily on what alternative policy paths are taken by major governments and how much ($38 trillion is necessary) will be spent to find and exploit fossil fuel resources in the coming years.

Community resilience, Transition, and why government thinking needs both

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After my talk in Norwich last week, I met a local authority emergency planner, who said that he had found the talk, and the Transition take on resilience, very illuminating. He pointed me in the direction of the latest “Strategic National Framework on Community Resilience”, the latest “national statement for how individual and community resilience can work”, published by the Cabinet Office in March of this year. It is a fascinating document, and is indeed the first official government document on community resilience that refers explicitly to the Transition movement, and as such deserves a post reflecting on it. It also offers a tantalising glimpse into what a government response to peak oil, climate change and economic contraction might look like if anyone had the imagination to create one.

Is it really possible to decouple GDP growth from energy growth?

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In recent years, we have heard statements indicating that it is possible to decouple GDP growth from energy growth. I have been looking at the relationship between world GDP and world energy use and am becoming increasingly skeptical that such a decoupling is really possible.

Best job in the neighborhood—and they own it

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Sharon Kaiser, a supervisor and worker-owner at Evergreen Laundry, reports that her friends and family are eager to hear about what is happening inside Evergreen. “They want to know what they can do to be part of this,” she says. “It is a very positive thing for the community.” This expressed longing to participate in Evergreen’s model of sustainable wealth-building should not be underestimated. As Howard describes it, Evergreen is unleashing a powerful force: “the energy of people to become actors in history in their own lifetimes.”