By Tim Morgan: Primed to Detonate (O O Canada)

Today’s essay by Tim Morgan is a must read. Morgan has developed new metrics for measuring the health of economies that are grounded in an understanding of the energy that drives our civilization. Here he considers 4 risk factors: Debt: Instead of using the conventional debt to GDP ratio Morgan backs out the portion … Continue reading “By Tim Morgan: Primed to Detonate (O O Canada)”

By Tim Morgan: The need for new ideas

  This latest post by Tim Morgan may be my new all-time favorite essay because it discusses the topics that are near and dear to my heart: Growth is over due to surplus energy depletion. We are denying 1. with debt. Viable debt requires growth. We are denying 3. with printed money and low interest … Continue reading “By Tim Morgan: The need for new ideas”

By Tim Morgan: Good idea, bad idea

Here is the latest essay by Tim Morgan in which he makes the case for wind and solar energy, and the case against electric vehicles. The key points Morgan makes are: The energy cost of extracting fossil energy (ECoE) is rising, due to depletion of our best quality reserves, and this trend will continue, … Continue reading “By Tim Morgan: Good idea, bad idea”

By Tim Morgan: The Way Ahead

Tim Morgan, author of the seminal report Perfect Storm: Energy, Finance and the End of Growth, from which I extracted the above image, just published a nice year end essay. I’ve highlighted in red Morgan’s references to denial, although I don’t think he is yet aware of Varki’s MORT theory. What we know Based … Continue reading “By Tim Morgan: The Way Ahead”

By Tim Morgan: Death of a High-Fashion Model (aka Sustainable Development) Tim Morgan proves here that sustainable development is a myth, and that economic growth is incompatible with addressing climate change. This means that all of our international climate change agreements are pure nonsense and nothing more than vehicles to help us deny reality. Nate Hagens, another person I respect, states this reality as: There is … Continue reading “By Tim Morgan: Death of a High-Fashion Model (aka Sustainable Development)”

By Tim Morgan: Will things go bang soon?

Tim Morgan continues to impress. Here he explains what caused the 2008 financial crisis, why it will happen again soon, why it will be much worse this time, and what will probably trigger it. I challenge you to find a single example from mainstream journalism with such intelligent explanatory clarity. It is so refreshing to … Continue reading “By Tim Morgan: Will things go bang soon?”

By Tim Morgan: SEEDS goes public

Another must read by Tim Morgan… As you will know if you are a regular visitor, surplus energy economics is an interpretation which says that the economy is, fundamentally, an energy system, not a financial one. More specifically, it is a surplus energy system, because, whenever energy is accessed, some energy is always consumed in the access process. Our prosperity is the surplus, … Continue reading “By Tim Morgan: SEEDS goes public”

By Tim Morgan: Why Mr. Trump can’t raise American prosperity

A must read by the brilliant Tim Morgan. Essentially, two things are happening to the average American. First, his or her income is rising less rapidly than the cost of essentials, squeezing the “discretionary” income which is the real definition of prosperity. Second, increases in income are being far exceeded by increases in debt, … Continue reading “By Tim Morgan: Why Mr. Trump can’t raise American prosperity”

By Tim Morgan: The Prosperity Equation

Tim Morgan offers another fresh and intelligent insight into world affairs. It seems a modest decrease in prosperity of about 6% may explain much of the political chaos in the world. Imagine what may happen when our global debt bubble bursts and we have a significant drop in prosperity. Fig. 1: Prosperity per capita, … Continue reading “By Tim Morgan: The Prosperity Equation”

By Tim Morgan: Chinese Whispers

I used to admire Chinese leadership. Unlike our idiot lawyers and economists, the Chinese selected engineers and scientists as their leaders. I observed the Chinese tended to favor the long-term rather than the short-term, and that they made wise rather than politically correct decisions. Examples being their one child policy, low military spending, and heavy … Continue reading “By Tim Morgan: Chinese Whispers”