Oct 7 2010

Back Yard Sea Level – Your back yard

Kal @ 11:54

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Information is Beautiful puts some things in perspective. Sea rise due to Global Warming, for instance.

Two meters higher wipes out Los Angeles, Amsterdam, Hamburg, and St. Petersburg. Large parts of San Francisco and Manhatton are also submerged.

That is a lot of nice Real Estate that will be going to waste.

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Category: Climate Change | Beyond Petroleum | Economics | Population | Politics | Sustainability

Oct 7 2010

Numbers can be interesting

Kal @ 11:28

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Information is Beautiful puts some things in perspective.

The big block in the upper right is the wars in Iraq and Afghanistan.

The small rose bar in the bottom row is US Foreign aid payments.

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Category: Economics

Oct 4 2010

Physics Trumps Money

Kal @ 10:31

George Mobus  writing in Question Everything - When what is happening in your world doesn't make sense, when it doesn't conform to your beliefs about how things should work, it's time to ask hard questions.

Work, Exergy, the Economy, Money, and Wealth -- A Sort-Of Tutorial

This is something of a tutorial on the relationship between energy and the economy. I have been dismayed by how often people express their lack of knowledge about that relationship. Such expressions come in the form of beliefs that money is what drives the economy. Or the belief that human desire to accumulate monetary wealth is the motive force for economic growth. Indeed I doubt that most people ever think of physics when they think of the economy. But the reality is that the economy is very much a physical process that requires energy to continue operating. All of the money in the world will not suffice to maintain the motivation of the wheels of industry unless it can be used to exchange for energy flow. Here is a guide to how the real wealth of nations is created and a more concise look at the nature of energy flow needed to do so.

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Tags:

Category: Accounting | Conventional Economics | Economics | Resource Depletion | Steady-State Economics | Sustainability