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Title: Cost of future freedom: energy economics

Book ·
OSTI ID:6208857

The public is becoming aware of the limits of physical energy supply and the possible consequences of the failing supply. The critical facts relating to US energy dependence are analyzed in conjunction with the uncontrolled expansion of international credits. The author's concern is with the validity of economic theory and its relationship to a viable social science that is compatible with the developing physical sciences. Part One discusses the ideological problems of the conflict between our political-economic ideologies and the physical resources they require. Economic theory today suggests only continued economic growth to the time of ultimate collapse. Part Two identifies the physical evidence of each energy resource that will be available to the US economy. No serious consideration can be given to alterations of our social-political economy until all doubts have been removed as to the quantity in each of the remaining resources. The last two parts discuss potential change and develop physical forecasts and theoretical arguments that the transition need not be socially painful. 34 references, 34 figures, 18 tables.

OSTI ID:
6208857
Country of Publication:
United States
Language:
English