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Category Archives: Economics
‘The Limits to Growth’ (1972)
‘The Limits to Growth’ (1972) Published in 1972, and shrouded in controversy since that date, ‘The Limits to Growth’ is the most successful econometric projection ever made. The idea of these of blog posts is to introduce people to some ‘historic’ books and reports, which I think should be more widely read. To start, I […]
The Age of Low Tech by Philippe Bihouix: review by Mark Garavan
The Age of Low Tech by Philippe Bihouix: review by Mark Garavan For some time now a simple climate change narrative has been foregrounded in the political and media mainstream. This has been particularly evident in the wake of the most recent IPCC Report. In this narrative, climate change is acknowledged but is seen primarily […]
Exergy-driven crisis
Exergy-driven crisis Media has little in the way of memory and the rest of us struggle to remember much of what happened more than a week ago. And so, the narratives we use in an attempt to make sense of the rapidly changing world we are living in, tend to revolve around short-term tribal talking […]
The World Is Still Short of Everything. Get Used to It.
The World Is Still Short of Everything. Get Used to It. Pandemic-related product shortages — from computer chips to construction materials — were supposed to be resolved by now. Instead, the world has gained a lesson in the ripple effects of disruption. Kirsten Gjesdal stopped ordering some products for her kitchen supply store in Brookings, […]
How long will the US dollar’s dominance last?
How long will the US dollar’s dominance last? 301 AD was a big year for the Roman Empire. That was the year that, amid spiraling inflation, Emperor Diocletian issued his Edict on Maximum Prices, essentially fixing prices of just about everything across the Roman Empire. The price of wheat, a day labor’s wages, a quart […]
Fed Prints Money or the Whole Thing Blows Up-Craig Hemke
Fed Prints Money or the Whole Thing Blows Up-Craig Hemke By Greg Hunter’s USAWatchdog.com (Saturday Night Post) Financial writer, market analyst and precious metals expert Craig Hemke says the Fed has all but said it was going to delay the so-called “taper” of easy money policies–forever. This is why gold and silver spiked as the dollar tanked […]
Who Will be the Last Farmer Left?
Who Will be the Last Farmer Left? A dwindling number of GTA growers worry that aggressive provincial development plans will make it tough to survive …click on the above link to read the rest of the article…
COVID Bailouts Have Nothing to Do With COVID
COVID Bailouts Have Nothing to Do With COVID Below, we ask a simple question: Is the war on COVID the needed pretext for even more centralized market “performance?” After all, who needs free markets when central bank liquidity determines price forces via endless COVID bailouts? The trend toward centralized controls and centralized markets was in play long […]
Leaked report of the IPCC reveals that the growth model of capitalism is unsustainable
Satellite image showing smoke from Siberian forest fires reaching the North Pole (August 3, 2021). Image credit: Felton Davis, Flickr. Leaked report of the IPCC reveals that the growth model of capitalism is unsustainable The second draft of the IPCC Group III report, focused on mitigation strategies, states that we must move away from the current capitalist […]
Fed Up with the Fed’s Abuse of Power
Fed Up with the Fed’s Abuse of Power One phrase describes the Fed’s pillaging of the nation to benefit the few at the expense of the many: abuse of power. To confess that the fate of the entire global economy now rests on the mumblings of a fossilized Politburo fanatically devoted to making the rich […]
Eurozone finances have deteriorated
Eurozone finances have deteriorated Despite negative interest rates and money printing by the European Central Bank, which conveniently allowed all Eurozone member governments to fund themselves, having gone nowhere Eurozone nominal GDP is even lower than it was before the Lehman crisis. Then there is the question of bad debts, which have been mostly shovelled […]
The New Possible
THE NEW POSSIBLE The New Possible is an eclectic assortment of essays by activists, experts and other prominent figures from around the world. The thread that ties them together is a recognition that, for all the harm it has caused, the COVID-19 pandemic has opened up exciting new possibilities for societal change. In the course of […]
UK Supermarket Boss Says Shortages at Worst Level He Has Seen
A truck driver makes a milk delivery to a supermarket in London on Aug. 3, 2021. (Tolga Akmen / AFP via Getty Images) UK Supermarket Boss Says Shortages at Worst Level He Has Seen A leading supermarket boss has warned that current UK food shortages are at a “worse level” than he has ever seen. The food supply chain has […]
Peter Schiff: Less Loose Fed Monetary Policy Isn’t Tight Fed Monetary Policy
Peter Schiff: Less Loose Fed Monetary Policy Isn’t Tight Fed Monetary Policy There’s been a lot of talk about the Federal Reserve tapering its asset purchases. Peter Schiff talked about it during his podcast, saying even if the Fed does getting around to tapering, that doesn’t equate to a legitimately tight monetary policy. Furthermore, any […]
