Tag Archives: thermoeconomics

The Race To Collapse

As readers of this blog know, I have long regarded the return of economic crisis as an inevitability (because the core energy and no-growth predicament facing the Western world wasn’t solved in 2008-9 but merely kicked further down the road by … Continue reading

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The Power Of Contingency: Why China Didn’t Rule The World

Pomeranz, Kenneth – The Great Divergence: China, Europe, and the Making of the Modern World Economy (2001) Category: economy, history, world systems; Rating: 5*/5 Summary: Brad DeLong’s review; The Bactra Review; Are Coal and Colonies Really Crucial? It’s a rare book that not only … Continue reading

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Another View of the US Economy: Observations on Exergy, GDP & Median Incomes

The standard view of the American economy is one of exponential growth: even if interrupted by a recession once a decade and a Depression once every two generations (the 1890′s, the 1930′s, the 2010′s?), the engines of industry would always … Continue reading

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Sublime News #8 – #9

1. The revolution in Kyrgyzstan to be covered in Sublime News #10 – this issue is packed enough as it is. For now, read Kyrgyzstan and the Russian Resurgence (free Stratfor) for a summary. 2. Putin made a conciliatory speech on the 70th … Continue reading

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