Tuesday, April 12, 2011
Econbrowser on Energy Independence
Noted economist Menzie Chinn blogs on whether reduced dependence on imported energy is a worthwhile objective. Chinn and Jim Hamliton, another famous economist, run Econbrowser, which made Time magazine’s list of the Top 25 financial & economic blogs.
Noted economist Menzie Chinn blogs on whether reduced dependence on imported energy is a worthwhile objective. Chinn and Jim Hamliton, another famous economist, run Econbrowser, which made Time magazine’s list of the Top 25 financial & economic blogs.
Posted by at 11:27 PM
Labels: Energy & Climate Change
Thursday, April 7, 2011
IMF Sees Oil Prices Staying High
Oil prices are likely to remain high for the foreseeable future, and IMF economists say that governments should be looking to back sustainable alternative sources of energy. IMF analysis released as part of its World Economic Outlook says improvements in oil supply have been slow.
Oil prices are likely to remain high for the foreseeable future, and IMF economists say that governments should be looking to back sustainable alternative sources of energy. IMF analysis released as part of its World Economic Outlook says improvements in oil supply have been slow.
Posted by at 4:59 PM
Labels: Energy & Climate Change
Saturday, April 2, 2011
Oil price hike fuels recession fears
As the price of oil broke through $100 a barrel recently, economists have started whispering the dreaded R word – recession. The last five oil shocks – 1973-74 Arab oil embargo; 1978-79 Iranian Revolution; 1980s Iran-Iraq war; 1990-91 Gulf War and the oil spike of 2007-08 – all triggered global recessions. To continue reading, see the recent article by China Daily.
As the price of oil broke through $100 a barrel recently, economists have started whispering the dreaded R word – recession. The last five oil shocks – 1973-74 Arab oil embargo; 1978-79 Iranian Revolution; 1980s Iran-Iraq war; 1990-91 Gulf War and the oil spike of 2007-08 – all triggered global recessions. To continue reading, see the recent article by China Daily.
Posted by at 1:52 AM
Labels: Energy & Climate Change
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