Category Archives: Real resources

Possible global standard of living?

When we arrived in Argentina, my wife said after a couple of days: “I have come to terms with the fact that our (first-world) standard of living for the entire world is impossible to achieve. But what standard is possible? … Continue reading

Posted in anthropogenic climate change, developed countries, environmental sustainability, Real resources, standards of living | Leave a comment

More arguments against private electric cars

On June 30, IEEE Spectrum published an article Unclean at any speed by Ozzie Zehner. In it, he argues that focusing on developing electric cars is a fake solution, because they consume rare materials the extraction of which has a … Continue reading

Posted in anthropogenic climate change, environmental sustainability, Real resources, science, science-based policy, technology assessment, transportation | Leave a comment

Egypt’s in a pickle

It’s Stratfor again, talking about Egypt. They point out that there are real-resource constraints on the government’s ability to change things: Egyptian petroleum production peaked in 1996 and the country first became a net importer in 2007. Government fuel subsidies … Continue reading

Posted in economic policy, macroeconomics, MMT, Real resources | Leave a comment