What are the causes and consequences of expensive oil? The first question is posed in this article, and answered surprisingly well by a neoclassical economist. He understands the relationship between the price of oil and economic growth, and he hints…
When American Empire completes its fall, we will not have the ability to sacrifice one big bank just to rescue an even larger corporate entity along with an ill-devised government program. Instead, we’ll be focused on the only economic system too big to fail: Earth.
The bumper sticker starts with bold type: EARTH FIRST!
The second line is smaller: We’ll mine the other planets later.
The very notion that we can rely on other planets for resources after we trash this one is ignorant and offensive. I’ll start with the offensive part before discussing the ignorant part.