Category Economic Growth
JEREMY WARNER VERSUS MORAYMINT – AGAIN
Jeremy Warner is an excellent business and economics journalist who works for the Daily Telegraph; I always read what he has to say. Generally I concur with his analyses and conclusions. However, there is one fundamental issue on which I profoundly disagree with Mr Warner. Take his article in today’s Daily Telegraph “J M Keynes’ […]
UK ECONOMIC GROWTH FORECAST HALVED
For those of us who have spent at least the past 5 years pointing out that the developed world has reached the end of growth, in other words the end of industrial age, cheap-fossil-fuelled-energy rates of economic growth, it’s no surprise to learn that the Chancellor of the Exchequer has today announced a halving of […]
DAVID CAMERON BREAKS WIND
Once again I’ve just been reading Jeremy Warner in today’s Daily Telegraph (link below) where he’s written an article entitled “David Cameron is ‘pure wind’ on the economy”. Mr Warner makes reference to George Orwell who pointed out that, “political language – and with variations this is true of all political parties, from Conservatives to Anarchists […]
ENERGY – REALITY INTRUDES
Since around the end of the last century, and certainly within the first few years of the 21st century it seemed clear to me that the only game in town for the coming 25 years – and quite possibly for the next 50 years – would be energy; specifically, mankind’s insatiable appetite for energy, exacerbated […]
IF PROOF WERE EVER NEEDED
In one of my recent posts (‘Energy and the Dismal Science’) I said that “our complex society … doesn’t work – it just doesn’t work – unless the economy grows consistently and reliably at around 3% per year … without economic growth the system starts to implode, and pretty quickly at that; honest.” If proof were […]
ENERGY AND THE DISMAL SCIENCE
The man on the Clapham omnibus is unlikely to have heard of Tullett Prebon. Tullett Prebon is an inter-dealer broker in the wholesale financial markets; Tullett Prebon acts as a link between firms to enable them to trade with each other anonymously; its brokers are the fast-talking middlemen who match buyers and sellers of complex […]
THE LONG DESCENT INTO POTHOLES
Potholes are in the news at the moment (see for example the link below). One of the themes that I shall cover in the essays (letter) to my children will be the ‘crisis of capital’ that comes with the end of mankind’s era of industrial-age rates of economic growth. Economic stagnation or, worse, economic contraction […]
INFINITE GROWTH ON A FINITE PLANET? EASY-PEASY!
Now I got a bit of a telling-off the other day (see link below) from Tim Worstall (Senior Fellow at the Adam Smith Institute) for challenging his view that “Infinite Growth on a Finite Planet … [is] Easy-Peasy”. I got the impression that any notion that we might be in for a period (let’s say […]
Moraymint Chatter 