Our Finite World | Exploring how oil limits affect the economy

We are starting to see the beginnings of deglobalization: Countries are increasingly at odds with each other. There is wider disparity among political parties. Trump is making what look to many people like unreasonable demands, both within the US and...

Recently, many people have begun talking about the US having a k-shaped economy. In it, a handful of wealthy people are doing very well financially, while many others are falling further and further behind. I expect that the low wages of the majority...

Summary:
Today’s financial system allows many promises of future goods and services. These include debts, pensions, and even prices of shares of stock.
However, the quantity of actual physical goods and services that can be produced appears likely to be shrinking in future years because of resource depletion....

Economists, actuaries, and others tend to make forecasts as if whatever current situation exists will continue indefinitely or will perhaps improve a bit. No one wants to consider the possibility that things will somehow change for the worse. Politicians...