Could the decline of the UK economy in the late 1970s have causes other than overly-greedy trade unions? What’s the connection between North Sea Oil and the growth of the UK’s network of offshore tax havens?
What are some of the different ways in which a contracting economy would bring about a redistribution of wealth, and which of these ways would be preferable?
Tim Watkins and Brian Davey discuss these and many other topics in this exploration of the relationship between energy and inflation in the modern economy, and the risk from economic models which fail to account for declining energy.
Note: Feasta is a forum for exchanging ideas. By posting on its site Feasta agrees that the ideas expressed by authors are worthy of consideration. However, there is no one ‘Feasta line’. The views of the article do not necessarily represent the views of all Feasta members.