What is Peak oil?
"The term Peak Oil refers to the maximum rate of the production of oil in any area under consideration, recognising that it is a finite natural resource, subject to depletion."
--Colin Campbell
Characteristics of economist
The Need for a New, Biophysical-Based Paradigm in Economics for the Second Half of the Oil Age
Publication date:
2006-11-24
First published in:
International Journal of Transdisciplinary Research
Abstract:
The realization that the conceptual base for much of conventional economics is quite flimsy
is no longer news to either those who follow events within the field or to many interested
outsiders in the natural sciences. For an easy example, since 1998 a surprisingly large
number of Nobel Laureates in economics (Joseph Stiglitz, George Akerlof, Daniel
Kahneman, Robert Aumann, Thomas Schelling, and Amartya Sen) were people whose
worked challenged, in various very fundamental ways, the basic existing paradigm of
conventional neoclassical economics...
Published in: International Journal of Transdisciplinary Research Vol. 1, No. 1, 2006
Available from: see below
| Attachment | Size | |
|---|---|---|
 | the need for a new biophysical-based paradigm in economics ....pdf | 536.38 KB |
»
