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Author: Edward W. Erickson Publisher: University of Toronto Press ISBN: 1487596731 Category : Business & Economics Languages : en Pages : 400
Book Description
The so-called energy crisis that burst upon the world in 1973 was not easily understood by many people. It was neither 'the beginning of the end' nor the first encounter by modern man with the natural result of his prodigality. These papers, collected in two volumes, from energy economists in the United States, Canada, and Britain all indicate that the 'crisis' was and is a short-run problem caused by government action or inaction. The problem may be complex, but it was mishandled, particularly by the United States, in terms of government policy. The rise in the price of, and the embargo on, oil came into being because of a successful producers' cartel outside North America; oil buyers - nations and companies - did not respond in kind but scurried around the world in separate planes in order to ensure supplies for themselves at any price. That price became many times the cost-of-production price, despite the fact that cool analysis reveals an increase in both production and reserves in most areas of the world. The shortage of refined oil products for consumers are attributable partly to the embargo, but also to a shortage of refineries and bottlenecks in transportation - some of which have been induced by government uncertainties over recent years. Proper government policies are now required. The thirty-six papers in the two books treat a multitude of topics related to the question of energy as seen from the stance of the economist. All sources of energy are considered, as are the markets in major areas of the world; past policies are analysed, and future policies recommended. It is hoped that the volumes, giving the background to the energy problems of the immediate future and a menu of prescriptions for their solution, will interest businessmen, market analysts, and policy-makers as well as economists, teaching or learning, in many parts of the world.
Author: Edward W. Erickson Publisher: University of Toronto Press ISBN: 1487596723 Category : Business & Economics Languages : en Pages : 624
Book Description
The so-called energy crisis that burst upon the world in 1973 was not easily understood by many people. It was neither 'the beginning of the end' nor the first encounter by modern man with the natural result of his prodigality. These papers, collected in two volumes, from energy economists in the United States, Canada, and Britain all indicate that the 'crisis' was and is a short-run problem caused by government action or inaction. The problem may be complex, but it was mishandled, particularly by the United States, in terms of government policy. The rise in the price of, and the embargo on, oil came into being because of a successful producers' cartel outside North America; oil buyers -- nations and companies -- did not respond in kind but scurried around the world in separate planes in order to ensure supplies for themselves at any price. That price became many times the cost-of-production price, despite the fact that cool analysis reveals an increase in both production and reserves in most areas of the world. The shortage of refined oil products for consumers are attributable partly to the embargo, but also to a shortage of refineries and bottlenecks in transportation -- some of which have been induced by government uncertainties over recent years. Proper government policies are now required. The thirty-six papers in the two books treat a multitude of topics related to the question of energy as seen from the stance of the economist. All sources of energy are considered, as are the markets in major areas of the world; past policies are analysed, and future policies recommended.It is hoped that the volumes, giving the background to the energy problems of the immediate future and a menu of prescriptions for their solution, will interest businessmen, market analysts, and policy-makers as well as economists, teaching or learning, in many parts of the world.
Author: Edward W. Erickson Publisher: University of Toronto Press ISBN: 1487596731 Category : Business & Economics Languages : en Pages : 400
Book Description
The so-called energy crisis that burst upon the world in 1973 was not easily understood by many people. It was neither 'the beginning of the end' nor the first encounter by modern man with the natural result of his prodigality. These papers, collected in two volumes, from energy economists in the United States, Canada, and Britain all indicate that the 'crisis' was and is a short-run problem caused by government action or inaction. The problem may be complex, but it was mishandled, particularly by the United States, in terms of government policy. The rise in the price of, and the embargo on, oil came into being because of a successful producers' cartel outside North America; oil buyers - nations and companies - did not respond in kind but scurried around the world in separate planes in order to ensure supplies for themselves at any price. That price became many times the cost-of-production price, despite the fact that cool analysis reveals an increase in both production and reserves in most areas of the world. The shortage of refined oil products for consumers are attributable partly to the embargo, but also to a shortage of refineries and bottlenecks in transportation - some of which have been induced by government uncertainties over recent years. Proper government policies are now required. The thirty-six papers in the two books treat a multitude of topics related to the question of energy as seen from the stance of the economist. All sources of energy are considered, as are the markets in major areas of the world; past policies are analysed, and future policies recommended. It is hoped that the volumes, giving the background to the energy problems of the immediate future and a menu of prescriptions for their solution, will interest businessmen, market analysts, and policy-makers as well as economists, teaching or learning, in many parts of the world.
Author: Nick Lane Publisher: W. W. Norton & Company ISBN: 0393248194 Category : Science Languages : en Pages : 505
Book Description
“One of the deepest, most illuminating books about the history of life to have been published in recent years.” —The Economist The Earth teems with life: in its oceans, forests, skies and cities. Yet there’s a black hole at the heart of biology. We do not know why complex life is the way it is, or, for that matter, how life first began. In The Vital Question, award-winning author and biochemist Nick Lane radically reframes evolutionary history, putting forward a solution to conundrums that have puzzled generations of scientists. For two and a half billion years, from the very origins of life, single-celled organisms such as bacteria evolved without changing their basic form. Then, on just one occasion in four billion years, they made the jump to complexity. All complex life, from mushrooms to man, shares puzzling features, such as sex, which are unknown in bacteria. How and why did this radical transformation happen? The answer, Lane argues, lies in energy: all life on Earth lives off a voltage with the strength of a lightning bolt. Building on the pillars of evolutionary theory, Lane’s hypothesis draws on cutting-edge research into the link between energy and cell biology, in order to deliver a compelling account of evolution from the very origins of life to the emergence of multicellular organisms, while offering deep insights into our own lives and deaths. Both rigorous and enchanting, The Vital Question provides a solution to life’s vital question: why are we as we are, and indeed, why are we here at all?
Author: Edward W. Erickson
Author: Anthony Klemm
Author: Gerald Foley
Author: Edward W. Erickson
Author: Edward W. Erickson
Author: E. W. Erickson
Author: Edward W. Erickson
Author: Gerald Foley
Author: Edward W. Erickson
Author: Nick Lane
Author: Gerald Foley