The Oil Drum

25 comments on Can we get by with fossil fuels ?

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Ridge on February 28, 2006 - 9:26am

Anyone read "3 Billion New Capitalists" (Clyde Prestowitz)? It mostly deals with economic issues affecting the US, but I was surprised to find that he brings up peak oil and the lack of a serious US energy policy. His basic argument is that Asia (esp. China and India) and Europe have well thought out economic strategies, while the US is content to pretty much let things go in whichever direction they will.

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Don Sailorman on February 28, 2006 - 10:25am

Thanks for tip on Prestowitz book. I've studied much of his earlier work, and it is solid; he is one of the economists who has his head screwed-on right, i.e., he looks at the real world, tries to make sense out of it, and then makes recommendations.

Am off to Barnes and Nobles . . . .