Month: October 2022

    Political leaders have so frequently cried wolf over budgetary spending that voters are skeptical about talk of budgetary crises. This is unfortunate, since deficits should arouse genuine concern, particularly as their size in some industrial countries is daunting. Yet, the absolute size of deficits is not their most alarming aspect. Rather, the persistence of budgetary

How much energy does the world consume?   “We are really, when you count performance and tabulate behaviour, not supercomputers but a lot like locusts, little chafing dishes maybe, small woks, modest ovens, simple furnaces, barbecue pits and picnic grills: we consume. A universe is burning – a forest for our flame.” For perspective on