Articles by JMG

Will wonders never cease: not only sane economist, but author of a textbook!

Upon occasion, I've been accused of having, shall we say, an uncharitable attitude towards the self-styled "science" of economics.

I firmly believe that not all economists are Dungeons and Dragons geeks in suits or political sycophants whose only talent is covering their guesswork with a fog of intentionally obscure jargon. It's just the 98 percent who give the rest a bad name.

However, when one stumbles on one of the rest, it's worth noting. I'm greatly enjoying The Political Economy of World Energy: an introductory textbook by Ferdinand E. Banks. Professor Banks is like vodka: sharp, clear, and delivers a strong kick.

He has his flaws -- he has a serious jones for nuclear power stations, greatly underestimating their capital costs, and is quite a bit too optimistic about hydrogen as a fuel. But he freely admits his limitations, and his writing is so good that you can forgive him his mistakes.

Here is an excerpt from his brief introductory survey of world energy. I chose this excerpt because it's not only fun but because he makes a number of important points about how we tend to think about energy and economics. Enjoy:

Climate chaos shuts down trains

The National Association of Rail Passengers reports that Amtrak is taking a pounding from the flooding in the midwest, making trips difficult or impossible and generally showing how we've managed to go from the finest rail system in the world to one that would shame Bulgaria (to steal Kunstler's line).

Thanks, climate change!

Radiant City is a mesmerizing documentary on sprawl

Radiant City is as described in the trailer -- oddly disturbing, strangely amusing, and sadly illuminating:

A terrific movie. It features planning guru/God Andres Duany and dyspeptic sprawlhater James Howard Kunstler (in a strange and hilarious tie that looks like he slept in it for a couple days) intoning, in a reasonable tone, some of their most on-target slams on sprawl and the suburban paradigm. It includes lots of "fun facts" about the suburbs, including one or two from Alan Durning's book The Car and the City.

Not quite up to Errol Morris standards, but really, really good documentary.

Say goodbye to the lungs of the earth

Amazon deforestation exploding. The agrofuels lobby assures us that it has nothing to do with them.