Comment by dzonga
16 hours ago
well written article but he doesn't use data to prove his point that energy is what drives the economy.
you look at the UK example[0] - energy production / consumption has been going down. likewise quality of life has been going down. but yet if you listen to the economists / politicians they will tell economy is doing okay.
energy and how its used is what determines how successful an economy is. & like the prof says - money alone doesn't produce goods. energy does. money is just a transfer mechanism - which on its own is useless.
[0] - https://ourworldindata.org/grapher/per-capita-energy-use
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