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Why We Are So Bad at Solving Problems

Why We Are So Bad at Solving Problems Before you raise your voice, please allow me to say that I do indeed know this starts to feel like a set of Russian dolls, and this is a re-run of a re-run. It’s just, I didn’t start it. Got a mail yesterday from the people at […]

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Limits to growth: policies to steer the economy away from disaster

Limits to growth: policies to steer the economy away from disaster The earth is a finite place.  If the rich nations in the world keep growing their economies by 2% each year and by 2050 the poorest nations catch up, the global economy of more than 9 billion people will be around 15 times larger than it is […]

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The world industrial system as bacteria in a Petri dish

The world industrial system as bacteria in a Petri dish In a previous post, I speculated that a thermodynamic system such our industrial economy is completely dependent from its “outside”. As it grows and incorporates this “outside”, it is obliged to store high entropy inside itself. Possibly, the epidemic diffusion of riots in the very heart of […]

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Parliamentary group warns that global fossil fuels could peak in less than 10 years

Parliamentary group warns that global fossil fuels could peak in less than 10 years British MPs launch landmark report on impending environmental ‘limits’ to economic growth A report commissioned on behalf of a cross-party group of British MPs authored by a former UK government advisor, the first of its kind, says that industrial civilisation is currently on […]

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Could an Economic Collapse be in Our Near Future?

Could an Economic Collapse be in Our Near Future? Climate scientists and others have in the past few years issued a steady stream of analyses showing that without immediate remedial actions, a disastrous future is headed our way. But is it a four-decade-old study that will prove prescient? That study, issued in the 1972 book The […]

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Our economic growth system is reaching limits in a strange way

Our economic growth system is reaching limits in a strange way Economic growth never seems to be as high as those making forecasts would like it to be. This is a record of recent forecasts by the International Monetary Fund: Figure 1. World GDP Forecasts by the International Monetary Fund. Figure 2 shows world economic growth […]

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The “Limits to Growth” was right: Italy’s population starts declining.

The “Limits to Growth” was right: Italy’s population starts declining. The “base case” scenario described in the 2004 edition of “The Limits to Growth”, an update of the original study sponsored by the Club of Rome and published in 1972. Note how the world’s population is supposed to start declining some years after the peaking […]

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Why Globalization Reaches Limits

Why Globalization Reaches Limits We have been living in a world of rapid globalization, but this is not a condition that we can expect to continue indefinitely. Figure 1. Ratio of Imported Goods and Services to GDP. Based in FRED data for IMPGS. Each time imported goods and services start to surge as a percentage of […]

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A Market Collapse Is On The Horizon

A Market Collapse Is On The Horizon What is ahead for 2016? Most people don’t realize how tightly the following are linked: 1. Growth in debt 2. Growth in the economy 3. Growth in cheap-to-extract energy supplies 4. Inflation in the cost of producing commodities 5. Growth in asset prices, such as the price of […]

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2016: Oil Limits and the End of the Debt Supercycle

2016: Oil Limits and the End of the Debt Supercycle What is ahead for 2016? Most people don’t realize how tightly the following are linked: Growth in debt Growth in the economy Growth in cheap-to-extract energy supplies Inflation in the cost of producing commodities Growth in asset prices, such as the price of shares of stock […]

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Nicole Foss presents: Challenge and Choices

Nicole Foss presents: Challenge and Choices Nicole Foss: After more than 30 years of exponential growth, gargantuan resource demand and increasingly frenetic consumption, we have now reached, or are reaching, an array of limits to growth. During our long, debt-fuelled boom, we reached out spatially through globalisation to monetise as much global production as possible, in […]

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The Left should embrace degrowth

The Left should embrace degrowth Only if we stop the cycle of endless growth will our planet prosper, argue Degrowthers. Jenny Downing under a Creative Commons Licence Degrowth is a frontal attack on the ideology of economic growth. Some call it a critique: a slogan or a ‘missile word’. Others talk of the ‘theory of’ – or the ‘literature […]

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He’s told us not to blow it

He’s told us not to blow it Hopefully you’ve seen the recent movie, The Martian, a film directed by Ridley Scott and adapted from the online book by Andy Weir. If you have not seen the movie or read the book, both of which I highly recommend, there will be some spoilers for the movie in this […]

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Appropriate Scarcity

Appropriate Scarcity   … appealing to people to restrain themselves [by] self-enforced abstinence alone is a waste of time. By and large, we consume as much as our incomes allow…. changes… cannot take place without constraints that apply to everyone rather than everyone else. Manmade global warming cannot be restrained unless we persuade the government […]

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The Club of Rome, almost half a century later

The Club of Rome, almost half a century later The Club of Rome held its general assembly in Winterthur, Switzerland, on Oct 16-17 2015. In the image, you can see Ugo Bardi (center) together with the co-presidents of the Club, Anders Wijkman (right in the photo) and Ernst Von Weizsacker (left in the photo). Almost half […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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