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Olduvai III: Catacylsm
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How the Economy Works as It Reaches Energy Limits — An Introduction for Actuaries and Others

How the Economy Works as It Reaches Energy Limits — An Introduction for Actuaries and Others Why have long-term interest rates generally fallen since 1981? Why have asset prices risen? Can these trends be expected to continue? The standard evaluation approach by actuaries and economists seems to be to look at past patterns and assume that […]

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Energy limits: Why we see rising wealth disparity and low prices

Energy limits: Why we see rising wealth disparity and low prices Last week, I gave a fairly wide-ranging presentation at the 2016 Biophysical Economics Conference called Complexity: The Connection Between Fossil Fuel EROI, Human Energy EROI, and Debt (pdf). In this post, I discuss the portion of the talk that explains several key issues: Why we are right now seeing so many […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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