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Tag Archives: Economics
Book review: McAfee (2019), More from Less
This is an interesting book which could be a good book if its key message – that technology and capitalism will decouple economic growth from resource use in time to prevent serious ecological disruption – were supported by research. This, … Continue reading
Posted in Ecomodernism, Economy and the Environment, Scarcities and constraints
Tagged Book review, Capitalism, Decoupling, Economics
3 Comments
Critique of econometric models in Thinking in Systems: a Primer
Donella Meadows’s book Thinking in Systems: A Primer (pp. 89-90) contains a rather interesting critique of econometric models and their limitations in explaining and predicting what happens in the world. While Meadows acknowledges that econometric models are more useful than … Continue reading
Posted in Economy and the Environment, Notes in process
Tagged Econometrics, Economics, Modeling, Research
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Never use the word “consumer”. Here’s why.
A public service announcement to everybody concerned about environmental and social issues: when writing or talking, refrain from the use of the word “consumer” if at all possible. There is considerable empirical evidence that merely using the word, instead of … Continue reading
The Elon Musk approach to nuclear power costs
Recently, I read an interesting piece about the reasoning process used by the man behind Tesla and SpaceX, Elon Musk: first principles reasoning. In this mode of thinking, espoused by Aristotle among others, one begins from the “first principles” or … Continue reading
Graphic of the Week: Having too much and too little renewables – at the same time
One of the benefits of renewable energy is that it pushes down the price of electricity when the wind blows or the sun shines. Besides lowering energy bills, that kills the profitability of traditional “baseload” power plants – i.e. those … Continue reading
Posted in Ecomodernism, Infographics
Tagged Bad arguments, Climate, Decarbonization, Economics, Energy, Energy storage, Germany, Graphic of the week, Madness, Renewables
22 Comments