A review before the exam
Actually, this review is too late for the many people who have already endured economic collapse. As any of those folks can tell the rest of us, we do not want to receive the lesson after the exam. I've written…
Teetering
The industrial economy, that is. On the brink, yet again. The real economy -- not the born-again exuberance in the world's stock markets -- is stalling as the effects of easy money wear off. Indeed, investor fund flows haven't been…
Surveying the Field and Charting a Course
It's all the rage to talk about a double-dip in the industrial economy. That would be an economic trend in the shape of a W. I think an M is far more likely. The assumption of never-ending growth underlies all…
Throwing off the shackles of debt
by Guy R. McPherson, Keith Farnish, Dave Pollard, and Sharon Astyk Indebtedness is a form of servitude, usually involuntary, and, in extreme cases imprisonment. Consider, for example, current rates of interest, usurious compared to what savers earn on their savings…
Politically Viable Solutions for Peak oil and global climate change
As I’ve written and said many times, I see no politically viable solutions to peak oil or global climate change. There is simply no way to tell the masses the truth about economic contraction and then get re-elected. Ditto for…
Fanning Imperial Embers: Barack Obama Channels John Maynard Keynes
Who was John Maynard Keynes, and what did he have to say about people, society, and economics?
Can we handle the truth?
The International Energy Agency (IEA) released World Energy Outlook 2009 today. Even before the sham was shipped, it was exposed as a big ‘ol bucket of lies. Seems the current administration thinks Americans can’t handle the truth, so we need to apply some pressure to keep the lid on the facts. If this country’s paragon of transparency (i.e., world’s leading liar) and master of hope (i.e., wishful thinking) actually trusted the American people, perhaps we could avert chaos.