Sandwichman came across a fascinating and disconcerting new dissertation, titled "Carbon Purgatory: The Dysfunctional Political Economy of Oil During the Renewable Energy Transition" by Gabe Eckhouse. An adaptation of one of the chapters, dealing with fracking, was published in Geoforum in 2021As some of you may know, the specter of Peak Oil was allegedly "vanquished" by the invention of methods for extracting "unconventional oil" from shale formations (or "tight oil"), bitumen sands, and...

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It took me a long time to master, but once you get it (my process), you will NEVER buy pizza again. Guaranteed! Part 1 is making the dough. Hydration is EVERYTHNG!!!

ECB President Christine Lagarde lets the cat out of the bag.“As the sole issuer of euro-denominated central bank money, the Eurosystem will always be able to generate additional liquidity as needed,” Lagarde said in response to a question by an Italian member of the European Parliament.“So, by the definition, it will neither go bankrupt nor run out of money. In addition to that, any financial losses, should they occur, would not impair our ability to seek and maintain price stability....Alan...

There is absolutely no question in my mind that the Fed "leaked" information to insiders on what their policy decision will be tomorrow. Here's how to play it. Trade and invest using the concepts of MMT. Get a 30-day free trial to MMT Trader. https://www.mmteconomics.com/ Mike Norman Twitter https://twitter.com/mikenorman Mike Norman Economics: https://mikenormaneconomics.blogspot.com/ Understanding the Daily Treasury Statement video course....

Μνήμη V.Chick Την 15η Ιανουαρίου 2023 αποβίωσε στο Λονδίνο σε ηλικία 87 ετών η Victoria Chick, μία εμβληματική μορφή του μετα-Κεϋνσιανού ρεύματος. Γεννημένη στο Berkeley της Καλιφόρνια το 1936 σπούδασε Οικονομικά στο Πανεπιστήμιο της Καλιφόρνια και στη συνέχεια στο London School of Economics. Μετά τις σπουδές της, το 1963, εκλέχθηκε διδάσκουσα στο University College London (UCL) όπου και παρέμεινε μέχρι την συνταξιοδότηση της, το 2021, αλλά και στην συνέχεια ως ομότιμη καθηγήτρια....

In a mirror image of what the United States has been doing with semiconductor lithography technology, China has recently amended its rules to ban the export of several core solar panel technologies in order to maintain its leading status and global market share in the sector. A solar panel on a rooftop may include a hundred pieces of silicon and China has the lead now in machinery to manufacture those. Now Chinese manufacturers have been forbidden to use their large silicon, black silicon...

Yesterday, I dug into the deepest nest of folders on my MacBook Pro to find a paper I wrote on a 512K Mac in 1987, for a magazine that no longer exists and isn’t (AFAICT) digitally archived. The file must have made transitions from “hard floppies” to removable 44Mb drives (remember them?) to hard drive to SSD and then, when that filled up, to my iCloud backup. Today, I read about “digital hoarding“. Count me in! Whatever the psychological causes, it’s hard to imagine negative...