well written article but he doesn't use data to prove his point that energy is what drives the economy.
you look at the UK example[0] - energy production / consumption has been going down. likewise quality of life has been going down. but yet if you listen to the economists / politicians they will tell economy is doing okay.
energy and how its used is what determines how successful an economy is. & like the prof says - money alone doesn't produce goods. energy does. money is just a transfer mechanism - which on its own is useless.
you look at the UK example[0] - energy production / consumption has been going down. likewise quality of life has been going down. but yet if you listen to the economists / politicians they will tell economy is doing okay.
energy and how its used is what determines how successful an economy is. & like the prof says - money alone doesn't produce goods. energy does. money is just a transfer mechanism - which on its own is useless.
[0] - https://ourworldindata.org/grapher/per-capita-energy-use