Kris Carlson

Just another weblog

Recommended reading on the economy

Imprimis from Hillsdale College.

& check the archives.

Thomas Sowell.

Here’s a great paraphrase of an economist on CSPAN, I believe.

‘One of the biggest causes of our current economic predicament is that we can’t easily choose from a competitive marketplace of money. To say all money should be based on gold is as bad as saying people don’t need a selection of fruits–apples, oranges, bananas–let’s just choose for them and make things simple.’

And money is a far more important product than fruit. If the government had to offer its money in a competitive marketplace, it would be forced to be more fiscally responsible.

October 22, 2010 Posted by | Economics | Leave a comment

World oil consumption by country

IEA forecast upped today by 500KB/day to ~85MB/day.

It’s interesting that the major BP discovery in the Gulf of Mexico, 3 billion barrels estimated, will only supply the world for 12 days. Clearly we need an alternative way to produce petroleum products than by drilling, pumping, shipping and refining oil.

September 11, 2009 Posted by | Economics | | Leave a comment


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