Category Archives: Economics

New Sceptic Currency

Posted on 5 August 2019 by Pict1

I was reading about a site that allocated crypto-currency to users … and I began thinking about how anyone redeemed that “money” for anything and started thinking of a model. Let us suppose that I create a virtual currency called … Continue reading →

Posted in Economics, Uncategorized | Comments Off

May commits UK to Permanent Recession

Posted on 14 June 2019 by Pict1

When I heard that there was a daft party in Australia committed to the economic insanity of “really tackling climate change”, I laughed at them. Because whilst I didn’t really want them to suffer the huge economic costs of the … Continue reading →

Posted in Climate, Economics, Energy, Fails, Politics | Comments Off

Enerconics simplified

Posted on 26 August 2017 by Scottish-Sceptic

Enerconics is the use of energy as a gold standard of economics. The reason this works is because there is a very close relationship between (inflation adjusted) GDP and world energy consumption (including sources like wood). The easiest way to … Continue reading →

Posted in Climate, Economics, Enerconics | 7 Comments

The Enerconic or society energy multiplier

Posted on 23 March 2017 by Scottish-Sceptic

In my last article Enerconics II I introduced the concept of the energy multiplier. In other words, we effectively create a pseudo-perpetual motion machine in the sense that the total apparent energy available to society is far higher than the … Continue reading →

Posted in Climate, Economics, Enerconics | 1 Comment

Enerconics II

Posted on 15 March 2017 by Scottish-Sceptic

It’s a while since I originally wrote my first article “Enerconics: The Relationship between Energy and GDP” in which I presented evidence showing that GDP was closely related to energy usage both in terms of differences between global economies and … Continue reading →

Posted in Climate, Economics, Enerconics | 3 Comments

My perfect polical party manifesto

Posted on 2 January 2017 by Scottish-Sceptic

After my experience in UKIP, I’ve realised that there are huge issues with all the present political parties as none of them represent my views. So, I was wondering what a political party would look like if it had a … Continue reading →

Posted in Economics, General, Politics, Proposals | 4 Comments

Just as Earthquakes are inevitable so is Greece's exit from the Euro

Posted on 22 June 2015 by Scottish-Sceptic

Even before the Euro started I knew it was going to fall apart and if anything I’ve been more surprised how long it has lasted rather than that Greek is set to leave. Because any engineer knows the simple principle: … Continue reading →

Posted in Economics | 4 Comments

Renewables cause HIGH INFLATION!!

Posted on 3 October 2014 by Scottish-Sceptic

There’s a quite astonishing admission in a civil service report mentioned on Bishop Hill. I am just reading from the Report, which is an agreed Report. It says, and the Chair has already quoted this, “consumers are thought to be … Continue reading →

Posted in Economics, Energy | Comments Off

Sustainable Capitalism

Posted on 20 February 2014 by Scottish-Sceptic

This is a paper I wrote 2003 and sent to the UK conservative party. No idea if anyone read it, but sad to say, after this paper, the conservatives “went green”. Although from before I knew there is no real … Continue reading →

Posted in Economics, Energy, Environment, greenblob, History, My Best Articles, Politics | 3 Comments

Enerconics: The Relationship between Energy and GDP

Posted on 18 October 2013 by Scottish-Sceptic

This is a write up of a presentation I gave which Neil Craig has been badgering me to put on line. It was written for a Scottish audience, but the argument and conclusion are valid worldwide. An Energy Policy to … Continue reading →

Posted in Economics, Enerconics, Energy, My Best Articles | 37 Comments