Category Archives: Energy

Managing Natural Capital in England

Posted on June 3, 2013 by Adam Bailey

England has established a Natural Capital Committee to advise the government on the efficient and sustainable management of the country’s natural wealth.  In April 2013 the committee published its first report and invited comments.  Below is an abbreviated version of … Continue reading →

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Lessons from the Industrial Revolution

Posted on March 7, 2013 by Adam Bailey

The economics of energy in the 18th century offers lessons for the present. I recently read Robert Allen’s The British Industrial Revolution in Global Perspective (1), a fascinating analysis of why the industrial revolution happened, why it happened in Britain, … Continue reading →

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A Small Test of Price Theory

Posted on January 13, 2013 by Adam Bailey

I like a decent cup of coffee with my breakfast.  Usually the water is boiled in our electric kettle.  But today we put the water in a saucepan and boiled it on our gas hob.  Why?  A fault with the … Continue reading →

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