"Arithmetic, Population, and Energy" a "Proto-3E" Crash Lecture

7 posts / 0 new
Last post
Poet's picture
Poet
Status: Diamond Member (Offline)
Joined: Jan 21 2009
Posts: 1891
"Arithmetic, Population, and Energy" a "Proto-3E" Crash Lecture

Dr. Albert A. Bartlett , emeritus Professor of Physics at the University of Colorado at Boulder, recorded a lecture on  "Arithmetic, Population, and Energy". It was posted back in 2007, and likely was given a few years or even many years earlier.

I consider it to be a "proto-3E" Crash Course on population and energy. He mentions population growth, Hubbert's oil peak, diminishing coal resources, etc.

The data is a few years dated, but the some of the mathematical examples are really eye-opening. For example, he uses bacteria multiplying in a bottle instead of water in a stadium, but I think the example is just as effective - especially the allegory of what happens if three new bottles are discovered by the bacteria...)

The first part starts a little slow, but I think this is a must watch.

Part 1 of 8, of Dr. Albert A. Bartlett's presentation on "Arithmetic, Population, and Energy."

Here's the YouTube playlist link to all 8 parts:

Or you can open up each part in a new browser window:
Link to Part 1:


Link to Part 2:

Link to Part 3:

Link to Part 4:

Link to Part 5:

Link to Part 6:

Link to Part 7:

Link to Part 8:

Poet

SteveW's picture
SteveW
Status: Gold Member (Offline)
Joined: Jan 21 2010
Posts: 490
Albert Bartlett said, “The

Albert Bartlett said, “The greatest shortcoming of the human race is our inability to understand the exponential function.”

That's the basis of his lecture and he's dead on.

Poet's picture
Poet
Status: Diamond Member (Offline)
Joined: Jan 21 2009
Posts: 1891
The Mindblowing Chart On Oil Needs
SteveW wrote:

Albert Bartlett said, “The greatest shortcoming of the human race is our inability to understand the exponential function.”

That's the basis of his lecture and he's dead on.

Doing some Google sleuthing, I came across a paper of his, entitled the same, "Arithmetic, Population, and Energy", presented
http://www.state.hi.us/dbedt/ert/symposium/bartlett/bartlett.html

This is the chart that really shows what's going on. Since we're in 2011 now, we need a block roughly equal in size to the area bounded by "A-B-F-E" (and where in "BFE" are we gonna find it?!?) if we plan on meeting oil needs in this new decade of 2011 to 2020.

 

 

Poet

xraymike79's picture
xraymike79
Status: Diamond Member (Offline)
Joined: Aug 24 2008
Posts: 2040
Timmy says we can print it

Timmy says we can print it (oil).

Fed Chairman Bernanke contradicts Geithner on oil and its danger to the economy

 

3-1-2011

While the Fed Chairman grudgingly admits that higher oil prices could be a danger to the economy, Treasury Secretary Geithner last week said unequivocally that the rise in oil prices would have no effect on our economic growth.  In an article from Zerohedge last Wednesday, Geithner said that the economy is not only strong enough to handle surging oil prices, but he made the absurd statement that our economy is now better than before the recession hit.

U.S. Treasury Secretary Timothy F. Geithner said the economic recovery has put the world on a better footing to withstand the increase in oil prices caused by turmoil in the Middle East.

“The economy is in a much stronger position to handle” rising oil prices, Geithner said today during a Bloomberg Breakfast in Washington. “Central banks have a lot of experience in managing these things.”

Geithner also said the U.S. financial system is in better shape than before the recession and is able to provide the funding needed for the expansion.

“The core of the American financial system is in a much stronger position than it was before the crisis,” he said. “We’re way ahead of any other major economy.”

....

A. M.'s picture
A. M.
Status: Diamond Member (Offline)
Joined: Oct 22 2008
Posts: 2367
Can this be justified by any means at all?
Quote:

U.S. Treasury Secretary Timothy F. Geithner said the economic recovery has put the world on a better footing to withstand the increase in oil prices caused by turmoil in the Middle East.

Whaaaaaaa?

Doug's picture
Doug
Status: Diamond Member (Offline)
Joined: Oct 1 2008
Posts: 3125
Quote: “The core of the
Quote:

“The core of the American financial system is in a much stronger position than it was before the crisis,” he said. “We’re way ahead of any other major economy.”

American financial system=big 5 banks

I'm pretty sure that's what he meant.Yell

Doug

Poet's picture
Poet
Status: Diamond Member (Offline)
Joined: Jan 21 2009
Posts: 1891
Whaaaaaaa? 'Sup, Geithner?
Aaron Moyer wrote:

Can this be justified by any means at all?

Quote:

U.S. Treasury Secretary Timothy F. Geithner said the economic recovery has put the world on a better footing to withstand the increase in oil prices caused by turmoil in the Middle East.

Whaaaaaaa?

I think Geithner lives in a very different world than we do. Personally, I think he'll likely become a highly paid "consultant" to some bank after his tenure as Treasurer.

That said, assuming we have some kind of economic recovery of say 3% (propped up by government spending and a bank-traded stock market)...
And since the "average" American family spends 4% of their income on gasoline (source)...
There's "ample" room from Geithner's point of view for our spending on gasoline (and other oil-dependent products) to rise even by 50% or more - maybe by cutting fast food expenditures, even (5%).

Of course Geithner isn't thinking of the median American family's spending, which is more. Or even of the fact that some of the poorest - especially in rural areas - spend 16% of their meager income on gasoline (source). Which makes sense if you're one of the "under-employed" Americans commuting to two part-time jobs for minimum wage because you can't get enough hours.

Geithner's America is a different America. The America he sees isn't the real America experienced by hundreds of millions, but a banker's paradise. The only problems he sees or worries about are bankers' problems.

Poet

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Login or Register to post comments