Economy

string(14) "economy-topics" Loading...

James Howard Kunstler: Black swans and fake cliffs

By James Howard Kunstler The story behind the fiscal cliff melodrama and the much-memed handwringing about the good-for-nothing congress is probably not quite what it appears — a set of problems that will eventually be overcome by better leadership armed with solutions. The story is really about the permanent disabling of government at this scale […]

January 7th

Merry Fiscal Cliff(mas)!

Hooray (kind of)!!! The so-called “fiscal cliff” has been averted (for now). A deal was reached at the very last minute, and, to save us all from their own manufactured crisis, Democrats and Republicans came together in peace and harmony (HAHAHAHAHAHA!) and voted to increase taxes on the richest Americans, extend unemployment benefits, and support […]

January 4th

Kunstler’s 2013 forecast part 3: It doesn’t get any better than this

By James Howard Kunstler (Monday we talked about the ghost of peak oil past; yesterday we talk about the fracked-up global present, and today we take a look at what is yet to come, and make a few predictions.) Woe to Markets Between government and central bank interventions, accounting fraud, control fraud, the computer hugger-mugger of algorithmic trading, […]

January 2nd

David Brin: Should the Defense Department fund the next wave of tech?

By David Brin Every decade since 1900 — except one — has seen some fantastic U.S. originated technologies burst forth, creating so much new wealth and ability that American consumers could afford the prodigious trade deficits that have uplifted half of the world’s population into the middle class. Jets, rockets, computers, pharmaceuticals, satellites, telecom, lasers, […]

January 2nd

James Howard Kunstler: The nightmare before Christmas

By James Howard Kunstler Do you know why scenes or even just shots of freeways so seldom appear in the movies we watch? Because they are so depressing that nobody can stand to see them. The jolts of terror that you get in a horror movie at least inform you that you’re alive, but the […]

December 24th

The Simpsons explain the Fiscal Cliff

Wondering about the fiscal cliff, or fiscal curb, or fiscal speedbump? Who better to explain the mess than the Simpsons’ own master of all things fiduciary, Montgomery Burns? (For a more scientific look, check out David Brin’s explication.)

December 6th

The latest GOP lie: There IS no fiscal cliff

You’ve been hearing the drumbeat: We can’t afford clean energy, or high-speed rail, or a green economy, because there just isn’t any money, and unless we cut the deficit RIGHT NOW, the entire world will end and xxxx. We certainly can’t afford to do anything about climate change (you know, that thing that might actually […]

November 26th

James Howard Kunstler: Modernity bites

By James Howard Kunstler There is surely a correspondence between an exhausted culture and a populace devolved so far into mental dullness that it can’t recognize its predicament. We don’t seem to get how much the industrial production spree of the past 200 years has just plum worn us out, not to mention the ecosystem […]

November 26th

James Howard Kunstler: Peak oil, peak bullshit

By James Howard Kunstler Those inhabiting the economic wish-space got a case of the vapors last week when the Paris-based International Energy Agency (IEA) published an annual report stating that the USA would overtake Saudi Arabia as the world’s leading oil producer and reach the long-touted nirvana of “energy independence.” The news was greeted in […]

November 20th

After Sandy, Obama says climate change will cost us if we don’t act

Will President Obama’s second term feature more emphasis on climate change – only the most important issue facing the planet? We’ve gotten a few tantalizing hints over the past few months but it took until today’s press conference for a reporter to actually ask the question. And Obama replied in depth. As Bill McKibben tours the country […]

November 14th

Hurricane Sandy and climate change compel NYC Mayor Bloomberg to endorse Obama

New York’s Mayor Bloomberg (formerly Republican, now Independent) has been holding aloof on endorsing either candidate for president. But after Hurricane Sandy’s climate-change-fueled might slammed into his city this week, Bloomberg has decided that the issues of climate change and global warming are too important. And he has announced his endorsement of President Obama for […]

November 1st

More Nails in Nuclear’s Coffin

I was quite pleased to find out today that the Kewaunee nuclear-power plant in Wisconsin will close next year. Partly I was happy because the owner of this plant is Dominion Resources, which is trying to decide if it wants to build another reactor near my home in Louisa County, Virginia. Dominion stepping out of […]

October 26th

James Howard Kunstler: Vipers in the garden

By James Howard Kunstler There’s a good reason why nobody is paying attention to the election this year except the people who, one way or another, get paid to be interested: because for all that’s at stake there is no coherent discussion about any of it. By ‘at stake’ I mean what we are going […]

October 23rd