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ourfiniteworld.com | ||
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economicsfromthetopdown.com
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| | | | | Peak oil was all the rage a decade ago. Now nobody's talking about it. The funny thing is, it's still happening. | |
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blog.hasslberger.com
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consciousnessofsheep.co.uk
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| | | | | Without oil the western economies couldn't have condensed 150 years of economic growth into just two decades. Indeed, without the exponential growth in oil production such spectacular growth could never occur again. | |
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www.rogerfarmer.com
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| | | [AI summary] The text presents an in-depth exploration of macroeconomic theory through the lens of Roger E. A. Farmer's academic work. It delves into the complexities of monetary theory, equilibrium concepts, and the role of central banks. Key themes include the endogeneity of money, the distinction between exogenous and endogenous money, the implications of liquidity traps, and the evolution of monetary policy frameworks. Farmer's perspective emphasizes the importance of general equilibrium theory, the role of banks in creating money, and the need for central banks to consider broader economic dynamics beyond traditional single-agent models. | ||