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oftwominds-Charles Hugh Smith: Do We Own Our Stuff, or Does Our Stuff Own Us?

oftwominds-Charles Hugh Smith: Do We Own Our Stuff, or Does Our Stuff Own Us?. The frenzied acquisition of more stuff is supposed to be an unalloyed good: good for “growth,” good for the consumer who presumably benefits from more stuff and good for governments collecting taxes on the purchase of all the stuff. But the frenzy […]

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GDP Headed to Permanent Contraction by 2023 – Here’s Why | First Rebuttal

GDP Headed to Permanent Contraction by 2023 – Here’s Why | First Rebuttal. November 18, 2014—I’d like to carry on the theme from my recent article “Interest Rates Cannot Rise – Here’s Why” that garnered some discussion after being posted on Zerohedge. I’m going to show that GDP is also in a trap of decelerating […]

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Energy & The Economy – Crash Course Chapter 22 | Peak Prosperity

Energy & The Economy – Crash Course Chapter 22 | Peak Prosperity. Chapter 22 of the Crash Course is now publicly available and ready for watching below. In the past few chapters on Energy Economics, Peak Cheap Oil, and the false promise of Shale Oil, we’ve gone into great detail to show how our economic growth is deeply […]

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Frugal Value: Desigining Business for a Crowded Planet

Frugal Value: Desigining Business for a Crowded Planet. The dodo, a flightless bird of Mauritius, became extinct during the mid-late seventeenth century after humans destroyed the forests where the birds made their homes and introduced mammals that ate their eggs. Source: Wikipedia. Much has already been written on the subject of business growth. But while […]

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Oil below $80 as slow China chimes with OPEC warning | Reuters

Oil below $80 as slow China chimes with OPEC warning | Reuters. (Reuters) – Oil fell below $80 a barrel for the first time since 2010 on Thursday, as more evidence of a slowdown in China’s resource-hungry economy chimed with OPEC warning of a substantial drop in demand next year. Data from Beijing showed below-forecast factory output […]

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Are We Hard-Wired to Think We Can Grow Forever? « Center for the Advancement of the Steady State Economy

Are We Hard-Wired to Think We Can Grow Forever? « Center for the Advancement of the Steady State Economy. Humanity is an irrational lot, prone to denial and short-termism. If rational arguments were primary catalysts for social change, perhaps a steady state economy would already be a reality. Research in behavioural economics and cognitive psychology […]

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Burst Chinese Housing Bubble Leads To First Annual Price Decline Since 2012; Prices Drop In Record 69 Cities | Zero Hedge

Burst Chinese Housing Bubble Leads To First Annual Price Decline Since 2012; Prices Drop In Record 69 Cities | Zero Hedge. It has been over six months since the Chinese housing bubble has popped. What’s worse, as overnight housing numbers out of China confirmed, the government has so far failed to contain the fallout, and […]

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The Last Days Of The Growth Story – The Automatic Earth

The Last Days Of The Growth Story – The Automatic Earth. Dorothea Lange Rear window tenement dwelling, 133 Avenue D, NYC June 1936 I am thinking about the similarities between a financial crisis and for instance a family crisis, the death of a loved one or close friend, a divorce, or a personal bankruptcy. And I wonder […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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