Free Range Library indexes last updated 13:30, 07/11/2018
This form allows you to search the resource IDs and resource titles of the files in the Free Range Library. If a full match to a key cannot be found, a list of partial matches is returned.
The Post Carbon Reader Series, 05/11/2011
Free Range Library News & Events
10/04/18: Library database engine updated.
28/08/17: Library database engine updated (FRAW Library should be listed on searches more easily now).
10/08/17: Further changes to the website architecture completed to allowed continued expansion of the library.
22/12/16: 14 papers have been added to the Extreme Energy, Climate Change and UK Government sections.
22/11/16: 60 papers have been added to the Extreme Energy section.
|Resource title||Money and Energy|
|Publication/ source||The Post Carbon Reader Series|
|Summary text/ abstract||Money and energy have always been linked. For example, a gold currency was essentially an energy currency because the amount of gold produced in a year was determined by the cost of the energy it took to extract it. If energy (perhaps in the form of slaves or horses rather than fossil fuel) was cheap and abundant, gold mining would prove profitable, and a lot of gold would go into circulation enabling more trading to be done. If the increased level of activity then drove the price of slaves or coal up, the flow of gold would decline, slowing the rate at which the economy grew. It was a neat, natural balancing mechanism which worked rather well. In fact, the only time it broke down seriously was when the Spanish conquistadors got gold for very little energy – by stealing it from the Aztecs and the Incas. That caused a massive inflation and damaged the Spanish economy for many years.|
|Library categories||Economics, 'Limits to Growth', Peak Oil, Simplicity|
Money and Energy [1.3 megabytes]