I found the book less impressive than you.
The Economic Superorganism: Beyond the Competing Narratives on Energy, Growth, and PolicyThe Economic Superorganism: Beyond the Competing Narratives on Energy, Growth, and Policy by Carey W. King
My rating: 3 of 5 stars
Charles A. S. Hall’s Cover blurb for the Carey w King Tomb is I think a fair reaction to what is a long and complex book. The author himself says that the lengthy quotes ( for context) and juxtaposition of opposing narratives are overly long
As a choice for the material, I question the wisdom of the choice but congratulate the effort, the net result if one is being generous, works and is fittingly described in the blurb by a giant in the field of Energy-Based economics( Political Economy)Prof. Charles Hall.
Marx via Schumpeter makes an appearance late in the book, which saves some face on the shortcomings in monetary theory, and the influence on the Author’s thinking of Prof Steve Keen’s own flavour of heterodox Economics shows, also in reflecting Keen’s own limitations. The Authors dislike of Matt Riddley shines through and gives a tell to the Authors own inclinations, an admitted likely failing in his own introduction (“I discuss many matters as objectively as I can, but I don’t claim that either, or anyone can be perfectly objective. “) Well said.
The Chapters on Debt and Finance are fine as far as they go and the Schumpeter quotes save the whole piece to my own tastes for a better grasp of Shumpeters insights into the money as credit context see Werner, much of the polemic even allowing for putting both sides is hackneyed retreaded phony “enfant terriblism” of the Leather jacket like Yannis’ variety.
Getting the niceties out of the way the Lacunae is the old apples and Oranges problem encountered at the SEEDS Surplus Energy Blog of Dr. Tim Morgan, Dangerous Exponentials, and The Perfect Storm.
In Short, the book is an exercise in knocking down mutually opposed straw men arguments, much of the argumentation I take no issue with whatsoever but the Ultimate apologetics for the discredited Climate Scientism and advocacy for Carbon indulgences ( SPASH #WrongKindofGreen Brave New World of Carbon Trading ) coupled with a failure to consider International Finance and PetroDollar hegemony which is an effect that the Authors own “Swing producer” price stability arguments for Texas in 1935, and in which we find ourselves living again in a deflationary age of a Quasi Petro/Carbon Gold Standard.
QED.
View all my reviews
https://www.goodreads.com/review/list/42519454-roger-lewis
From Careys 2010 paper on Energy Intensity Rations of Oil.
2.1. EIR of oil and petroleum
The EIRp, oil typically lies between 10 and 30, but from 1949 to 2008 it ranges from 7.5 (1981) to 48 (1998) with a value of 8.8 in 2008 marking the year of the highest oil price in history and the beginning of the latest time period of US economic recession. The minimum EIRp, oil of 7.5 in 1981 also coincided with the peak of an economic recession in the US as well as the time of the highest overall cost of petroleum as a percentage of GDP at 8.5% (EIA 2008). EIRe, petro from 1970 to 2006 ranged from 5.3 in 1981 to 15.9 in 1998, the same years for the lowest and highest EIRp, oil. In 1981 EIRp, oil:EIRe, petro was 1.43:1 (minimum) and in 1998 3.05:1 (maximum). The EIRp, oil from 1949 to 1972 gradually increased from 19 to 29 with little volatility in the value. This lack of volatility can possibly be attributed to the Texas Railroad Commission (TRC) acting as an oil cartel by
pro rationing oil production in Texas from 1935 to 1973 to create a price floor for balancing supply and demand (Prindle 1981)
. With Texas as the swing state oil producer until US peak production in 1970, this balancing on the price was possible.
https://iopscience.iop.org/article/10.1088/1748-9326/5/4/044006/pdf
The Economic Superorganism: Beyond the Competing Narratives on Energy, Growth, and PolicyThe Economic Superorganism: Beyond the Competing Narratives on Energy, Growth, and Policy by Carey W. King
My rating: 3 of 5 stars
Charles A. S. Hall’s Cover blurb for the Carey w King Tomb is I think a fair reaction to what is a long and complex book. The author himself says that the lengthy quotes ( for context) and juxtaposition of opposing narratives are overly long
As a choice for the material, I question the wisdom of the choice but congratulate the effort, the net result if one is being generous, works and is fittingly described in the blurb by a giant in the field of Energy-Based economics( Political Economy)Prof. Charles Hall.
Marx via Schumpeter makes an appearance late in the book, which saves some face on the shortcomings in monetary theory, and the influence on the Author’s thinking of Prof Steve Keen’s own flavour of heterodox Economics shows, also in reflecting Keen’s own limitations. The Authors dislike of Matt Riddley shines through and gives a tell to the Authors own inclinations, an admitted likely failing in his own introduction (“I discuss many matters as objectively as I can, but I don’t claim that either, or anyone can be perfectly objective. “) Well said.
The Chapters on Debt and Finance are fine as far as they go and the Schumpeter quotes save the whole piece to my own tastes for a better grasp of Shumpeters insights into the money as credit context see Werner, much of the polemic even allowing for putting both sides is hackneyed retreaded phony “enfant terriblism” of the Leather jacket like Yannis’ variety.
Getting the niceties out of the way the Lacunae is the old apples and Oranges problem encountered at the SEEDS Surplus Energy Blog of Dr. Tim Morgan, Dangerous Exponentials, and The Perfect Storm.
In Short, the book is an exercise in knocking down mutually opposed straw men arguments, much of the argumentation I take no issue with whatsoever but the Ultimate apologetics for the discredited Climate Scientism and advocacy for Carbon indulgences ( SPASH #WrongKindofGreen Brave New World of Carbon Trading ) coupled with a failure to consider International Finance and PetroDollar hegemony which is an effect that the Authors own “Swing producer” price stability arguments for Texas in 1935, and in which we find ourselves living again in a deflationary age of a Quasi Petro/Carbon Gold Standard.
QED.
View all my reviews
https://www.goodreads.com/review/list/42519454-roger-lewis
From Careys 2010 paper on Energy Intensity Rations of Oil.
2.1. EIR of oil and petroleum
The EIRp, oil typically lies between 10 and 30, but from 1949 to 2008 it ranges from 7.5 (1981) to 48 (1998) with a value of 8.8 in 2008 marking the year of the highest oil price in history and the beginning of the latest time period of US economic recession. The minimum EIRp, oil of 7.5 in 1981 also coincided with the peak of an economic recession in the US as well as the time of the highest overall cost of petroleum as a percentage of GDP at 8.5% (EIA 2008). EIRe, petro from 1970 to 2006 ranged from 5.3 in 1981 to 15.9 in 1998, the same years for the lowest and highest EIRp, oil. In 1981 EIRp, oil:EIRe, petro was 1.43:1 (minimum) and in 1998 3.05:1 (maximum). The EIRp, oil from 1949 to 1972 gradually increased from 19 to 29 with little volatility in the value. This lack of volatility can possibly be attributed to the Texas Railroad Commission (TRC) acting as an oil cartel by
pro rationing oil production in Texas from 1935 to 1973 to create a price floor for balancing supply and demand (Prindle 1981)
. With Texas as the swing state oil producer until US peak production in 1970, this balancing on the price was possible.
https://iopscience.iop.org/article/10.1088/1748-9326/5/4/044006/pdf
2 thoughts on “Blair Fix, Comparing Notes and the metaphyiscs of disagreement. #GoingDirect #PeakOilMyth #Population #CarbonCurrencyEndgame.”