by Paula | 3 December 2009 | permalink | comments [1]
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I normally can’t stand the Archdruid but last week he made a good point:
…the statisticians of some imaginary Bureau of Honest Figures might sort things out something like this:
The gross primary product or GPP might be the value of all unprocessed natural products at the moment they enter the economy – oil as it reaches the wellhead, coal as it leaves the mine, grain as it tumbles into the silo, and so on – minus all the costs incurred in drilling, mining, growing, and so on. (Those belong to the secondary economy.)
The gross secondary product or GSP might be the value of all goods and services in the economy, except for raw materials from nature and financial goods and services.
The gross tertiary product or GTP might be the value of all financial goods and services, and all money or money equivalents, produced by the economy.
He goes on to state that, “the chance that any such statistical scheme will be adopted in the United States under current political and social arrangements is effectively nonexistent.” Yep. However, there’s no reason these can’t be calculated at all. Lots of people have econometric know-how. I think the Oil Drum puts forth a good model for open-source stats calculations, how about a similar blog dedicated to econometrics? The Gross Domestic Blog, anyone?
Back in November, Gregor asked:
As I’m quite interested in energy transition more generally, the electrification of transport, and also the reintegration of agriculture into cites, I find the work of MIT’s SENSEable City Lab quite compelling. The social and economic question I have, however, is who will capture the savings from continued advances in efficiency? Will benefits accrue to city government budgets and city dwellers, or, to those who own the Big Data? Or will it be shared?
Astute readers will note this is fundamentally the same question Catherine Austin Fitts asked back in the 90s — and she ended up being hunted across the country by thugs for her audacity. Her Solari business model would optimize local efficiencies to the benefit of absolutely everyone involved: local residents, global investors, Solari staff and officers. I’m still all doe-eyed over Solari. ‹insert little floating hearts here.›
Here’s some doomer pr0n from the Denver Post.
Martin attempts to answer George Monbiot’s question: why is climate change denial spreading?
There seems to be a megatrend signalling that the emergence of the modern connected man is accompanied by a decreasing belief in truths which is instead replaced by the more pragmatic and quick concept of truthiness — the kind of truths you don’t look up in books but search your guts to know if they are true!
I would add that media manipulation by uberfunded denial-based and so-called “intelligent design” organizations also plays a very strong role. ‹cue up Glenn Beck tears here.›![]()
Money as Debt
[YouTube playlist] How the monetary system works.
Peak Oil & Sustainability: CRM's potential impacts
[PDF] White paper from Beagle Research Group, September, 2008
The American Tapeworm
Catherine Austin Fitts, 2003. This was my introduction to finance or, as CAF calls it, the "negative ROI economy."
The Hirsch Report
HTML version
The Hirsch Report
PDF version
The Strategy of the Fighter Pilot
A special kind of military strategy, applied to business
The Truth & Lies of 9/11
Mike Ruppert, 2001 [video]. This was my intro to peak oil. I heard Ruppert's Portland State lecture the morning after its delivery on KBOO's rebroadcast.
Weblogs & New Media: Marketing in Crisis
Excerpt from Charles Hugh Smith's book by the same title.
Catherine Austin Fitts
Investment advisor, investment banker, educator, entrepreneur
Charles Hugh Smith
Author of _Marketing in Crisis,_ entrepreneur
Chet Richards
USAF Colonel, retired; author of <i>Certain to Win</i> among other books; USAF, ret.; expertise in business applications of military strategy
Jeff Vail
Energy intelligence analyst, attorney
Jim Puplava
Investment advisor, author, radio host, entrepreneur
John Robb
Author of <i>Brave New War,</i> entrepreneur, former USAF special operations pilot
Mike Ruppert
Investigative journalist (retired), former LAPD detective, entrepreneur
Nate Hagens
Former hedge fund manager, U of Chicago MBA, doctoral candidate @ the Gund Institute
Just a quick word of congrats on your blog as a source of good info and interesting reading. Sorry not to have tuned in before. Glad to have caught you just as you have returned. Keep it up!
— Joseph · 3 December 2009, 13:36 · #