high oil prices, Tag

In my view, wages are the backbone an economy. If workers have difficulty finding a job, or have difficulty earning sufficient wages, the lack of wages will be a problem, not just for the workers, but for governments and...

Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss real-world problems. In particular, they miss the...

The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all.

The end of cheap oil poses the great challenge of diminishing dependence on oil in the economy. Topics of importance include coping with effects of high oil prices on the economy and investment, regional transport planning...