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Inefficient productivity or productive inefficiency?
Inefficient productivity or productive inefficiency? New research demonstrates – again – how deceptive the concepts of productivity and efficiency are in agriculture. Huge increases in labor productivity and modest increases in land productivity are gained by a massive increase of use of external resources, while natural capital is depleted. Is that efficient? There is a […]
UK’s Secret Cold War Plan For Middle East Oil Fields
UK’s Secret Cold War Plan For Middle East Oil Fields The 1950s were a turbulent time on both sides of the Iron Curtain. With the Second World War over and the star role played by crude oil in its outcome, British and U.S. intelligence agencies wasted no time working out scenarios should the Soviets invade […]
Mining CEO Warns Of Massive Deficits: “We’re At Critical Levels… Less Than 10 Days Of Supply”
Mining CEO Warns Of Massive Deficits: “We’re At Critical Levels… Less Than 10 Days Of Supply” With much of the investment world focused on crypto currencies and blockchain, it’s no surprise that the fundamental building blocks of the physical world have been ignored for so long. The focus in recent years has been on mining […]
The energy of Bitcoin, the information economy and the (possible) decentralization of the world
The energy of Bitcoin, the information economy and the (possible) decentralization of the world The near vertical rise and fall in price of the cryptocurrency Bitcoin in recent months has been accompanied by reporting about the energy used to run the Bitcoin network. The amount is enormous, more than enough to supply the entire country […]
Gail Tverberg: The Coming Energy Depression
Gail Tverberg: The Coming Energy Depression The math is straightforward, but cruel As most PeakProsperity.com readers know, we fully agree with the statement: Energy is THE master resource. Without it, nothing can get done. Energy analyst and professional actuary Gail Tverberg returns to the podcast this week to revisit the global energy outlook. And fair warning, Gail warns […]
Human well-being, economic growth and so-called decoupling
Human well-being, economic growth and so-called decoupling Some people claim that humans—called breatharians—can live on air alone. Others claim we can have economic growth without increasing our resource use, so-called decoupling. Neither claim withstands scrutiny though here I am only going to deal with the second one. Hidden beneath the claim of decoupling is the […]
Tim Jackson: The High Price Of Growth
Tim Jackson: The High Price Of Growth A finite planet cannot sustain infinite economic growth Modern society is addicted to and engineered for perpetual economic growth. Now, a fourth-grader can tell you that nothing can grow forever, especially if you have finite resources. But that simple realization is eluding today’s central planners, despite multiplying evidence […]
This Is What Collapse Looks Like: ‘Roving Gangs Fight For Resources… Aid Workers Being Held At Gunpoint In Puerto Rico’
This Is What Collapse Looks Like: ‘Roving Gangs Fight For Resources… Aid Workers Being Held At Gunpoint In Puerto Rico’ What does it look like when the entire system around you collapses? The fallout in Puerto Rico, which has left a devastating impact with no food on grocery store shelves or electricity to over three million […]
Cooperation Versus Competition: An Evolutionary Perspective
COOPERATION VERSUS COMPETITION: AN EVOLUTIONARY PERSPECTIVE Charles Darwin is credited for forming the idea of evolution. During his explorations around the world and his intimate observation of how animal and plant life evolved over time, he came to believe that everything followed one basic maxim: “the survival of the fittest.” This theory states that organisms […]
Joseph Tainter: The Collapse Of Complex Societies
Joseph Tainter: The Collapse Of Complex Societies What history predicts about our future prospects By popular demand, we welcome Joseph Tainter, USU professor and author of The Collapse Of Complex Societies (free book download here). Dr. Tainter sees many of the same unsustainable risks the PeakProsperity.com audience focuses on — an overleveraged economy, declining net energy per […]
CONTINENTAL RESOURCES: Example Of What Is Horribly Wrong With The U.S. Shale Oil Industry
CONTINENTAL RESOURCES: Example Of What Is Horribly Wrong With The U.S. Shale Oil Industry According to Continental Resources website, it labels itself as America’s oil champion. To be a champion, one is supposed to be winner. Unfortunately for Continental, it’s taking a serious beating and is a perfect example of what is horribly wrong with […]
James Howard Kunstler: The World’s Greatest Misallocation Of Resources
James Howard Kunstler: The World’s Greatest Misallocation Of Resources And why we appear poised to repeat it James Howard Kunstler returns to the podcast this week, observing that despite the baton being handed to a new American president, the massive predicaments we face as a society remain the same. And it seems the incoming administration […]
2017: The Year When the World Economy Starts Coming Apart
2017: The Year When the World Economy Starts Coming Apart Some people would argue that 2016 was the year that the world economy started to come apart, with the passage of Brexit and the election of Donald Trump. Whether or not the “coming apart” process started in 2016, in my opinion we are going to see […]
Death to All Zombies!
Death to All Zombies! Wait a minute. They’re already dead. Brexit just reveals that not everybody’s brains have been eaten. A viral contagion now threatens the zombified institutions of daily life, especially the workings of politics and finance. Just as zombies exist only in the collective imagination, so do these two principal activities of society […]
Which Countries Will Be Tomorrow’s Winners & Losers?
Cienpies Design/Shutterstock Which Countries Will Be Tomorrow’s Winners & Losers? Resources, capital flows & demographics will be key The dictum “demographics is destiny” proposes that all the complexities of finance, society and politics are ultimately guided by demographics: the relative size of each generation, birth rates, death rates, etc. For example, an oversized generation of […]
