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View Diary: Why do conservatives hate Keynes (55 comments)

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  •  I'm not sure that Keynes was right, but he will be (1+ / 0-)
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    The ultimate constraint on prosperity was energy.  In our lifetime, that constraint will no longer hold.  When our economy is no longer dependent on scarce fuel, but generates basically free energy from the sun and wind, then he will be right.

    Everyone keeps saying the end of oil, not realizing what the future really holds.

    •  end of oil likely to preclude solar transition (0+ / 0-)

      When you run out of cheap fossil fuel energy, it might not be possible to build solar panels and wind turbines at all, never mind mass produce them.

      That's the real danger, that the end of oil ultimately leads to the end of industrial civilization.

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