{"id":4524,"date":"2015-01-14T07:35:45","date_gmt":"2015-01-14T12:35:45","guid":{"rendered":"http:\/\/olduvai.ca\/?p=4524"},"modified":"2015-01-14T07:35:46","modified_gmt":"2015-01-14T12:35:46","slug":"the-centers-got-to-give","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=4524","title":{"rendered":"The Center\u2019s Got To Give"},"content":{"rendered":"

The Center\u2019s Got To Give<\/a><\/h3>\n

I was thinking about something along the lines of The Center Cannot Hold and Something\u2019s Got To Give earlier, but then I thought there\u2019s no way I haven\u2019t used those titles before. And then it occurred to me that The Automatic Earth started 7 years ago this month. Just looked it up, it was January 22, 2008. Party next week!<\/p>\n

Of course Nicole and I had been writing before that on the Oil Drum, who then didn\u2019t want us to write about finance. They claimed we didn\u2019t have the \u2013 academic, they were big on academic \u2013 credentials, as if that would ever stop me. Economists, the only people with the \u2018proper\u2019 credentials, are the last ones anyone should listen to, they engage in goal-seeked analysis only (no worries, Steve, you\u2019re still no. 1 in our blogroll).<\/p>\n

So we started The Automatic Earth, where we could write about what we wanted and thought needed to be addressed. In 2005 it may not have seemed important to the energy crowd, but they\u2019ve all since seen that what we insisted on talking about back then was indeed a big event. 2007 brought Bear Stearns, and 2008 gave us Lehman. Not a minor trifle to write about in 2005. Plus, that means we\u2019ve been doing this for 10 years already. No minor trifle either.<\/p>\n

Meanwhile, peak oil has moved way back in the line of pressing events, the Oil Drum went so far south it\u2019s out of sight and shale oil has just about everyone believing the peak oil theory was wrong all along. It wasn\u2019t, not for conventional oil, which was all it addressed to begin with, but so things go. The financial casino trumped energy. But now those days seem over.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The Center\u2019s Got To Give I was thinking about something along the lines of The Center Cannot Hold and Something\u2019s Got To Give earlier, but then I thought there\u2019s no way I haven\u2019t used those titles before. And then it occurred to me that The Automatic Earth started 7 years ago this month. Just looked […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3],"tags":[2674,124,244,1775,617],"class_list":["post-4524","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","tag-automatic-earth","tag-central-banks","tag-economics-2","tag-oil-price-collapse","tag-peak-oil"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4524"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4524\/revisions"}],"predecessor-version":[{"id":4525,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4524\/revisions\/4525"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}