Do Higher Public Debt Levels Reduce Economic Growth?
https://wiiw.ac.at/do-higher-public-debt-levels-reduce-economic-growth-dlp-5976.pdf
Category «Economy»
The Unravelling Begins
THE REALITY OF SCARCITY, THE SCARCITY OF REALITY Tim Morgan’s latest post. In the discussion following his piece Dr Morgan says: “The consensus line is that the economy will carry on much as it has now, and will continue growing. My reading of the evidence is that this isn’t possible. What I call the ‘doomsayer’ …
This economy is going down
The latest post from Tim Watkins concludes that: The only “solution” to the energy crunch that is now beginning to bite is to add another, even more energy-dense fuel source to the mix – in the same way that our ancestors added coal to wood and peat burning, and then added oil and gas on …
Is it possible that the world is approaching end times?
Gail Tverberg’s latest (very long) piece concludes that: We also have the opportunity to decide how we want to live the rest of our lives. We have been led for many years down the path of believing that economic growth will last forever; all we need to do is have faith in the government and …
Seeing the big picture
Well worth listening to – about an hour long. https://www.planetcritical.com/p/seeing-the-big-picture-nate-hagens
Nationalisation in all but name
Tim Watkin’s latest piece concludes that: Since we can expect several more energy suppliers to collapse during the winter months, as has happened in the rail industry, we can expect these to be nationalised too. But even this “solution” depends upon the price of energy coming down; and there is no reason to believe that …
Global economy faces uncertainty
Global economy faces uncertainty
Perpetual Growth?
Two pieces by Tim Morgan to bring us up to date with his thinking. Perpetual growth is an impossible fantasy – even if we wanted it #215. The price of equilibrium | Surplus Energy Economics (wordpress.com)
On health and shipping
One of what I consider to be the best pieces by Tim Watkins in which he concludes that: Most likely, supply chains will simply collapse inward from both ends. That is, manufacturers will have to shut down once there is nowhere left to store their overproduced goods. This is already beginning in Asia, where there …
Returning to a 1970s Economy Could Save Our Future
Returning to a 1970s Economy Could Save Our Future We’d contract energy use by half. Shrinking consumption is the solution we can actually live with. Second of two. Andrew Nikiforuk Today | TheTyee.caTyee contributing editor Andrew Nikiforuk is an award-winning journalist whose books and articles focus on epidemics, the energy industry, nature and more. [Editor’s note: Read part …
Tech Won’t Save Us. Shrinking Consumption Will
Copied from the Tyee: Tech Won’t Save Us. Shrinking Consumption Will Beyond the ‘blah blah blah’ of climate summits lies the real solution our leaders refuse to acknowledge. First of two parts. Andrew Nikiforuk Today | TheTyee.caTyee contributing editor Andrew Nikiforuk is an award-winning journalist whose books and articles focus on epidemics, the energy industry, nature and …
Evolution and Climate Change Through the Lens of Power
Evolution and Climate Change Through the Lens of Power Richard Heinberg October 25, 2021 This essay is based on, and partly extracted from, the book POWER: LIMITS AND PROSPECTS FOR HUMAN SURVIVAL. During the last century, evolutionary biologists developed the idea that power (defined as the rate of energy transfer) is key to the survival and …
Nobody really has any idea of what lies ahead.
Tim Morgan, writing about the future, says: First, I think few people understand how rapidly government revenue capability is going to slump, how hard it’s going to be to cope with that, and how angry a lot of people are going to be about the necessary responses. At constant 2020 values, revenue is likely to …
Reality – No need to plan for it – It will happen anyway
“All forms of economic output – literally all of the goods and services which comprise the ‘real’ economy – are products of energy. Nothing of any economic value or utility can be supplied without using energy. Energy can be defined as ‘a capacity for work’ and, historically, everything that we wanted or needed was produced …
To Match His Climate Rhetoric Boris Johnson Must Axe These Five Projects
To Match His Climate Rhetoric, Boris Johnson Must Axe These Five Projects