biophysical.economics   126

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Solve this or you solve nothing (2) | Consciousness of Sheep
Until we develop a monetary system that operates according to physical laws we will change nothing.
money  monetarypolicy  central.banks  debt  biophysical.economics 
22 hours ago by zesteur
These are the OECD's most productive economies | World Economic Forum
Romania recorded the highest ratio of GDP per hours worked - or in other words, the ability to get stuff done in less time. But is that always a good thing?
productivity  oecd  biophysical.economics  wef 
19 days ago by zesteur
Institute for New Economic Thinking
Wishful thinking and tinkering won’t cut it. Nothing short of a mass mobilization for deep de-carbonization across the global economy can avert the looming climate catastrophe. 
green.growth  biophysical.economics  post-growth  energy.rent 
28 days ago by zesteur
Debt? What debt? The new wave in Democratic thinking - CNNPolitics
So much ink has been spilled for so long on the national debt, it might be nice if that $22 trillion plus on the red side of the US balance sheet just didn't really matter.
mmt  monetarypolicy  inflation  growth  biophysical.economics  degrowth 
9 weeks ago by zesteur
How the light gets in—The science behind growth scepticism | Blog by Tim Jackson · CUSP
Tim Jackson, the author of Prosperity without Growth, responds to Michael Liebreich’s essay on the ‘The secret of eternal growth—the physics behind pro-growth environmentalism’.
entropy  ltg  Tim.Jackson  biophysical.economics  resource! 
november 2018 by zesteur
The Energy–Complexity Spiral | SpringerLink
Engineers build many wonderful things that few of us would choose to live without. Yet, as we have seen, some structures are of such complexity and magnitude that an unforeseen failure can kill...
Tainter
energy  complexity  complexity.economics  biophysical.economics 
september 2018 by zesteur
10 years after the oil price spike: Is peak oil a process rather than a moment? | BiophysEco
Rather than invalidating the ‘peak oil’ theory, the investor-subsidized U.S. shale oil boom might have been little more than a dangerous detour. A guest post by Kurt Cobb, first published at Resource Insights. Ten years ago this week – July 11, 2008 to be exact – the price of a barrel of oil on the New…
peakoil  biophysical.economics 
september 2018 by zesteur
Scientists Warn the UN of Capitalism's Imminent Demise - Motherboard
A climate change-fueled switch away from fossil fuels means the worldwide economy will fundamentally need to change.
downslope  biophysical.economics  UN 
august 2018 by zesteur
Africa’s Alternative Path to Development by Brahima Coulibaly - Project Syndicate
Stalled manufacturing growth across Sub-Saharan Africa has worried many development experts that the region has lost the opportunity to emulate East Asia's economic trajectory. But the region's burgeoning service sectors suggest that another, equally powerful development model is available.
development  biophysical.economics  industrialisation  africa 
may 2018 by zesteur
Energies | Free Full-Text | A Biophysical Perspective of IPCC Integrated Energy Modelling | HTML
The following article conducts an analysis of the Intergovernmental Panel on Climate Change (IPCC) Fifth Assessment Report (AR5), specifically in relation to Integrated Assessment Models (IAMs). We focus on the key drivers of economic growth, how these are derived and whether IAMs properly reflect the underlying biophysical systems. Since baseline IAM scenarios project a three- to eight-fold increase in gross domestic product (GDP)-per-capita by 2100, but with consumption losses of only between 3–11%, strong mitigation seems compatible with economic growth. However, since long-term productivity and economic growth are uncertain, they are included as exogenous parameters in IAM scenarios. The biophysical economics perspective is that GDP and productivity growth are in fact emergent parameters from the economic-biophysical system. If future energy systems were to possess worse biophysical performance characteristics, we would expect lower productivity and economic growth, and therefore, the price of reaching emission targets may be significantly costlier than projected. Here, we show that IAMs insufficiently describe the energy-economy nexus and propose that those key parameters are integrated as feedbacks with the use of environmentally-extended input-output analysis (EEIOA). Further work is required to build a framework that can supplement and support IAM analysis to improve biophysical rigour.
ipcc  modelling  energy  biophysical.economics 
april 2018 by zesteur
Super rich shown to have grown out of ancient farming | Science | The Guardian
The world’s wealthy elite has its origins in the first landowners to use oxen and horses, a global study has found
inequality  history  biophysical.economics 
december 2017 by zesteur

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