Archive for September, 2009
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The Return of Inflation
Current central bank policies of rapid monetary expansion are aimed at preventing deflation. In fact they might well have the exactly opposite effect.
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The Bush-Obama Continuum
Political rhetoric presents the Bush and Obama administrations as poles apart. Reality instead shows both continuity and similarity in major policies. Most importantly both administrations have worked, and are working to achieve a vast extension of the power of the executive branch.
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The Numbers Behind the Recovery
The predictions of economic recovery have so far been supported by a very limited and selective set of data. When information that is predictive or based on exceptional circumstances is stripped away few, if any, hard numbers remain.
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Lifestyle in an Energy-Efficient World
In Viable Energy Now we have established the connection between fossil fuels, economic growth and ever increasing consumption. If constraints on the supply of fossil energy become the driving economic reality, both growth and consumption will go by the wayside.
Life in such a non-growth world, as growth is understood today, is generally pictured as dull, [...]
