The world discovers the Jevons paradox.
For three centuries, heat engines have grown more efficient. And for three centuries, global energy use per person has *increased*.
The world discovers the Jevons paradox.
For three centuries, heat engines have grown more efficient. And for three centuries, global energy use per person has *increased*.
If you prefer to consume your science in video form, you can watch the post here: https://www.youtube.com/watch?v=uaFJGd0NTLY
Counterintuitively, efficiency is not a tool for conservation. It's a *catalyst* for technological sprawl.
Here's my deep dive into the Jevons paradox.
Peter Thiel says that competition is for losers. He's right of course.
The best way to concentrate wealth is to limit competition and buy your way to power. Here's a look at the evidence.
https://economicsfromthetopdown.com/2023/11/23/stocking-up-on-wealth-concentration/
When it comes to the stock market, who benefits?
Surprisingly few people, it turns out.
Here is the correlation between income share and the stock-market-to-gdp ratio for every US income percentile.
For a shocking 87% of people, a rising stock market comes with a *declining* share of income.
https://economicsfromthetopdown.com/2023/10/28/when-stocks-go-up-who-benefits/
You could use pandoc to convert all the html files to plain text:
> for f in *.html; do pandoc "$f" -s -o "${f%.html}.txt"; done
Then cat all the files and pipe them to wc to get a word count:
> cat *.txt | wc
Billionaires love to claim that they've bootstrapped themselves into existence. But the truth is that billionaires are *socially made*.
How do we know that? Because we can use the social distribution of income to predict their numbers.
https://economicsfromthetopdown.com/2023/09/03/billionaires-are-so-predictable/
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