Category Archives: Enerconics

The theory of Enerconics tells us that: An economy is a means to turn energy into things that are useful or of value. This is completely at odds with traditional economics which views energy as just another commodity. The big … Continue reading →

Following on from the last article: Energy price: the effect on the ratio of tangible/intangible I was chatting to my daughter, and she brought up the issue of supply and demand. The short of it is that in a totally efficient … Continue reading →

Introduction: tangible versus intangible In my last three articles on this subject: The value of fish The value of fish II The value of fish III I developed a way to value “fish”, meaning goods which had to be obtained … Continue reading →

In the price of fish II I took the general concept of two societies with different costs of essentials (fish) and derived a relationship between fish (essentials) and shell necklaces (luxuries). This showed that the two were related in value … Continue reading →

This article focusses on one of the assumptions of the theory of enerconics which is whether innovation drives economic growth or whether we innovate as a result of economic growth.

In the Value of Fish I considered two societies where the only difference was the rate at which they could secure life’s necessities (9 fish a day). In this article I want to generalise that concept. Let: d = average … Continue reading →

In general, considering all of human history we can very roughly categorise the time a person spends into two: Working to provide the necessities of life – without which that person will die. Time after having provided for the necessities … Continue reading →

Previously: Enerconics: The Relationship between Energy and GDP Enerconics II The Enerconic or society energy multiplier (III) Summary As most people will be aware, if energy prices rise, the price of raw materials like iron also rises and that in … Continue reading →