Energy drives the economy, economics informs policy, and Policy affects social outcomes.
To understand why, Carey King explores the scientifi.
Thus, they delude the public about the underlying influence of Energy costs and constraints on Economic policies that address such pressing contemporary issues as income inequality, growth, debt, and climate change.
Since the oil crises of the 1970s, pundits have debated the validity of this sequence, but most economists and politicians still ignore it.
Energy drives the economy, economics informs policy, and Policy affects social outcomes