Thanks to the comments from many of you, I think I now have a better idea about why
economists have a hard time communicating with others about the issue of peak oil. But I’m not
quite sure what to do about it.
Author Archives: James_Hamilton
No blackouts yet
Thank you, fellow Californians, for paying due diligence to your conserve-o-meter.
Unwinding the deficit spin
Updated tax data are in and the spinners will spin. But the numbers can speak for
themselves.
San Diego in the spotlight
Say what you will about San Diego politics, at least it’s not boring.
Fact-checking the fact-checkers
When Chairman Ben Bernanke of the Council of Economic Advisors made a statement about the U.S. housing market last week, some analysts jumped all over him. It looks to me like Bernanke had his facts exactly right.
The week in oil markets
The news from China last week could be the first indication of an extremely important
development.
Should we worry about all that debt held by foreigners?
I think we should, and here’s why.
On a lighter note
Who says economists don’t have a sense of humor? Well, maybe you will, after you find out
that I admit to having chuckled over these accounts. Judge for yourself.
Further discussion about economists and peak oil
The many interesting and thoughtful responses to my invitation for more open communication
between economists and others about peak oil has led me to a clearer understanding of exactly
what it is we’re seeing differently. Here I attempt to state a little more narrowly and
precisely what I see as the key substantive issue that I believe may most merit further
consideration from both sides.
The puzzle of long-term yields
Sherlock Holmes solved one of his cases by noticing a dog that didn’t bark. Well, here are a
few canines that don’t seem to be yipping around the decline in long-term bond yields.