Category Archives: economy

A notable milestone was passed in 2022 when, for the first time, more than 80,000 different people from around the world – to be exact, from 154 countries – visited Tim Morgan’s Surplus Energy Economics website

So, the pieces written by Tim Morgan and the hundreds of responses to each one are reaching around the world.  But not being talked about in polite places, such as this think tank. The Overton Window provides a nice explanation of … Continue reading

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It’s ceasing to be possible for households to use cheap debt to live beyond their means

This comment by Tim Morgan, on his Surplus Energy Economics blog is interesting. The link is to the piece where this comment appears, which will be of particular interest to investors. drtimmorgan on January 2, 2023 at 2:16 pm said: … Continue reading

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The latest by Tim Morgan

Will growth be possible? #240: Trussed for the block?

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Toryism at its worst – help the greedy, do nothing for the needy.

The discussion following Tim Morgan’s pieces are very good.  The following is an example. drtimmorgan on September 22, 2022 at 1:49 pm said: I think we need to be clear about what we know, what we can contribute to the … Continue reading

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The purpose of a system is what it does. There is no point in claiming that the purpose of a system is to do what it constantly fails to do.

Tim Watkins latest piece concludes that: If you and I are forced to go hungry and cold this winter it is not because we have an energy crisis, it is simply that the neoliberal system – which includes such utilities … Continue reading

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It is my personal perspective at the moment that our entire world is in a governing crisis, and that this governing crisis concerns, mainly, the fundamental legitimacy of our governing systems.  

From James Martin at the Deep Transformation Network: https://youtu.be/ZtNnX1JWQ4g That is, we have a global — or planet-wide — crisis of governing. This is widely understood. But what is not widely understood is that government is non-identical with governance, and … Continue reading

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Nate Hagens interviewed John Gowdy, an ecological economist,

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The future must come from the grassroots 

The world economy is shrinking and the population is increasing.  Food poverty is spreading.  Seen from the top-down the future looks bleak. Our growth-led system is leading to global extinction.  We do not yet have a positive future to imagine. … Continue reading

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Diesel Underpins Global Economy – ‘EROEI’ Explained – Great Depression II in view – System Failure

https://www.theburningplatform.com/2022/05/28/diesel-underpins-global-economy-eroei-explained-great-depression-ii-in-view-system-failure-letter-from-great-britain-05-28-22/

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There can be no more growth

It is difficult to get a man to understand something when his salary depends on his not understanding it. Upton Sinclair This is a deliberately short piece to make a simple point. The oncoming recession is not a temporary blip … Continue reading

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