Category Energy
CORONAVIRUS | WHERE’S THIS HEADING (PART 3)?
A Long Read This post is the final one in a series of what’s turned out to be four parts (1, 2A, 2B and 3) contemplating the economic, political and social implications of the Covid-19 pandemic. The perspective I’m sharing here is held by people whom I refer to as ‘alt-economists’; I suppose I’m one […]
CORONAVIRUS | WHERE’S THIS HEADING (PART 2B)?
This is Part 2B of what will now be a four-part series of posts; things are changing rapidly. We’re interested in the extraordinary impact of governments’ reactions to the Covid-19 pandemic. Some of us consider that, as grim as Covid-19 could be (and for now that remains arguable without meaningful data and in the context […]
POWERING CIVILISATION (PART ONE)
‘Energy is vital to civilisation. In fact, all of human history can be viewed through the lens of energy’ Dr Michio Kaku, ‘Physics of the Impossible’ ‘Ultimately, the economy is, and always has been, a surplus energy equation. As such, it is governed by the laws of the thermodynamics, and not by the man-made ‘laws’ […]
CHRISTMAS AND SO-CALLED ISLAMIC STATE
Heresy The debate rages about whether we should cuddle up to Islam, or destroy it. Our Establishment elite exhorts us to love Muslims; to do anything else makes one a fascist. Meantime, the British government sets about bombing Islamic State. The BBC struggles with this one a bit and almost chokes on the term, ‘Islamic […]
WHERE’S THIS HEADING?
Pour Yourself a Beer Pour yourself a beer or something before you start reading this post; it’s a ‘big yin’ (big one) as we say here in Scotland. What’s a Young Person Supposed to Do? This post is the first of two consecutive posts. The second post will address the question, ‘What’s a young person […]
ON SOBER REFLECTION – A QUICKIE
I’m preparing an ‘upside’ post right now to balance all of the ‘downside’ stuff that I’ve published here on this blog over the past year or two. I recognise the need to shine some light on how we’re supposed to respond to what I argue is a steam train coming down the tracks towards us, […]
ALMOST TIME TO LOOK TO THE POSITIVES
Introduction This post is the longest one I’ve written to date. You might wish to make yourself a cup of tea or coffee, or pour something stronger before reading on. Indeed, you might decide to wander off and find better things to do; if so, that’s fine by me. If you’re sticking around, though, you’ll […]
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 […]
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 […]