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#318: The Surplus Energy Economy, part one

LIFE AFTER TRUTH Foreword It might be fair to say that visitors to this site divide into two broad categories –  those who are interested in economic and financial theory itself, and those more...

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#319: The end of growth

A SYNOPSIS Foreword For some time now I’ve been minded to post something about “the end of growth” at LinkedIn. Obviously this had to state the issues in ways that make sense to anyone not hitherto...

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#320: “Don’t mention the war”

SOME REALITIES BEHIND THE ONGOING CONFLICT Foreword We may not yet know how and when the war in Iran will end, but we can already perceive how it will be spun in retrospect. Following the pandemic...

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#321: “Don’t mention the war”, part two

TRYING TO DODGE AN ENERGY BULLET Foreword For perfectly understandable reasons, many comparisons have been drawn between contemporary events in the Persian Gulf and the oil crises of the 1970s. This...

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#322: Gentlemen and players

REFLECTIONS ON CRISIS & THE RISE OF AMATEURISM Foreword One of the first things that an investment analyst learns is that professional clients need more than simply your opinions or hunches....

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#323: They first make mad

STRESS & GRIEF AT THE END OF GROWTH Foreword Economic growth is generally understood as a process that delivers a material betterment of living standards over time. But growth has two other...

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#324: The looming crash

HOW THE PHYSICAL DERAILS THE FINANCIAL Foreword Even if the flow of shipping through the Straits of Hormuz were to resume immediately – and there’s very little likelihood of that – more than enough...

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#325: The long run

ADVENTURES IN THERMO-ECONOMICS Foreword According to official data, British real GDP grew by about 250% between 1965 and 2025. Despite a 28% rise in population numbers, the average person was vastly...

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#326: Past, present & future

A CRISIS IN CONTEXT Foreword By definition, news has to be new, and there’s nothing novel now about salvoes being traded across the Persian Gulf, or parties to the conflict alternately blowing hot and...

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#327: Surplus Energy Economics

PARKING THE THESIS Foreword It’s been said that travelling hopefully is better than arriving, but there comes a point at which even the most sluggish and reluctant train pulls into the station. When...

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