Charles Perrow GLOBAL CATASTROPHES AND TRENDS: The Next Fifty Years. Vaclav Smil. xii + 307 pp. The MIT Press, 2008. $29.95. Prolific writer Vaclav Smil characterizes his latest book, Global Catastrophes and Trends, as “a multifaceted attempt to identify major factors that will shape the global future and to evaluate their probabilities and potential impacts.” […]
Posted by Khebab at The Oil Drum: Caclulated Risk has a good series of charts showing how depressed the US economy is; no wonder oil demand is collapsing: Vehicle miles driven are off a record 3.7% Year-over-year (YoY); the decline in miles driven is worse than during the early ’70s and 1979-1980 oil crisis: […]
Jobless rate jumps to 7.2 percent in Dec. Caps year with most annual job losses in the post-World War II era WASHINGTON – The U.S. unemployment rate bolted to 7.2 percent in December, the highest level in 16 years, as nervous employers slashed 524,000 jobs. The labor market is expected to remain weak as […]
Jon C. Ogg, January 7, 2009 This is a revised number with new methodology, but ADP’s job loss number predictions for December are off the chart. ADP had previously been under expectations where Wall Street economists were 500,000 non-farm payroll losses. This new revised target from ADP is now showing that ADP expects to see […]
Who knew Roger Ebert was such a Desdemona? It’s all coming to pieces, isn’t it — the world we live in, the continuity we thought we could count on, the climate, the economy, the fragile peace. The 20th century was called "the American Century," with some reason. I do not believe the 21st century will […]
