One of the positive contributions of MMT, especially from a European point of view, is that it makes it transparently clear why the euro-experiment has been such a monumental disaster. The neoliberal dream of having over-national currencies just doesn’t fit well with reality. When an economy is in a crisis, it must be possible for the state to manage and spend its own money to stabilize the economy.
Lars P. Syll’s Blog
Everything you want to know about MMT
Lars P. Syll | Professor, Malmo University
Lars P. Syll | Professor, Malmo University
Michaux and Bryce on China's 2050 Master Plan, Green Energy Breakdown
ReplyDeletehttps://youtu.be/h2SLqxZinLo
Financial Sense Newshour's Jim Puplava speaks with energy expert Robert Bryce and mining engineer Simon Michaux about the long-term outlook for resources and mining in light of green energy policies and China's strategic plan for supply chain dominance.
Some "big picture" thinking.
No Petroleum, No Problem? - Dr. Simon Michaux, Geological Survey of Finland # 259
ReplyDeleteThe DemystifySci Podcast
https://youtu.be/FDbPTOImipo
Dr. Simon Michaux is a professor of geometallurgy at the Geological Survey of Finland. After having spent several years in private industry, he was laid off during one of the regular busts that inevitably accompany booms in the mining sector. In that period, Simon found a new appreciation for the material basis of civilization while taking temporary work as an organic farmer. When he returned to intellectual work as a professor, he brought this real-world understanding to geopolitical assessments, presenting his analyses to everyone from economists to UN delegations. Ultimately, what separates Simon from his peers is his ability to suggest a realistic solution set to the difficulty of planning a technologically accelerating future within the confines of a fundamentally finite material ecosystem. He lays out a set of alternative approaches to nuclear power, combustion power, and engines that will absolutely make you stop and reconsider the possibilities. His presentation begins with the idea that we may be running out of petroleum, but that doesn't mean we have to be running out of fuel. A subsequent podcast will explore Simon's ongoing work to demonstrate his principles in an idealized city-of-the future in the desert of Peru. More on his Prometheus Project to come, very soon.
Alternative to the Green Transition that might actually work.