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Olduvai III: Catacylsm
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Resilience and Collective Psychology – fast collapse or slow disintegration

Resilience and Collective Psychology – fast collapse or slow disintegration Will a failure in hub interdependencies lead to economic and social disintegration? The connection between the energy and finance institutions, as well as the state of public health are explored to examine whether there might be a “cross contagion” of cascading collapse between some combination […]

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The Climate Crisis as seen by the economics mainstream

The Climate Crisis as seen by the economics mainstream Mainstream economics frames the climate crisis in a particular way but this approach is not at all helpful. There have been a variety of controversies which show clearly how economists think – like the “price of a life” controversy. The findings of the Stern Review were […]

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The Dynamics of Depletion

The Dynamics of Depletion Paul Klee Ghost of a Genius 1922The Automatic Earth has written many articles on the topic of EROEI (Energy Return on Energy Invested) through the years, there’s a whole chapter on it in the Automatic Earth Primer Guide 2017 that Nicole assembled recently, which contains 17 different articles. Still, since EROEI […]

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Shale Euphoria: The Boom and Bust of Sub Prime Oil and Natural Gas

Shale Euphoria: The Boom and Bust of Sub Prime Oil and Natural Gas Those whom the gods wish to destroy they first send mad Introduction The aim of this article is to show that the shale industry, whether extracting oil or gas, has never been financially sustainable. All around the world it has consistently disappointed […]

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Austerity and degrowth – dealing with the economic crisis and the ecological crisis together

Austerity and degrowth – dealing with the economic crisis and the ecological crisis together This article arises from increasing frustration and irritation about the way that the debate about Greece, and in general about austerity, is framed. My frustration is not only with the policy thugs who are implementing austerity, but also, to a degree, […]

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Approaching a Global Deflationary Crisis?

Approaching a Global Deflationary Crisis? Anyone with any sense for global economic trends ought to be worried. The signs are everywhere of a serious deflationary crisis. It is obvious that Chinese growth is falling. The prices for energy and the raw materials that feed the growth economy keep falling. The demand for Chinese exports is […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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