Yesterday, Tim wrote about the theory of peak oil. Being an empiricist, I decided to test that theory. And, yes, I am ready to present to the world my results. The experiment (I love experimental economics) involved a large sample (n=30) of 6 oz. glasses with beer poured into them (with about a half-inch head). The experimental subject proceeded to drink the beer at various speeds. In each and every trial "The glass starts full and ends empty and the faster you drink it the quicker it's gone." QED. Due to this proof, I am now a true Peak Oiler. Yet, as a result of my experiment, I doubt if I'll be able to type a decent post for the next several days. And finally, if anyone knows the whereabouts of my car keys and my pants, please let me know.
« Is giving to the environment a substitute for sex? | Main | Book Review »
June 15, 2007
I finally understand peak oil: theory and practice
Posted by John Whitehead on June 15, 2007 at 10:16 AM in Energy Resources | Permalink
Comments
Info
Who Knows What Willingness to Pay Lurks in the Hearts of Men? A Rejoinder to Egan, Corrigan, and Dwyer
by John C. Whitehead, Econ Journal Watch, 14(3): 346–361, September 2017
Buy our books :)
Search
Recent Comments
- John Whitehead on Don't Give up on Pigouvian Pricing!
- Odysseusbostick on Don't Give up on Pigouvian Pricing!
- Giorgis_diak on Identity Economics and Environmental Policy
- Ironman on Climate change book reviews: do nothing, do a little, do a lot (or just drink beer?)
- Garth Heutel on A: Because it's better than acting like an obnoxious teenager
- PaulS on It's like, I shouldn't count the health benefit from my oatmeal. It's delicious, that should be enough, boy.
- jroumasset on Common Resources: Ancillary Benefits Redux
- Ironman on "Consulting on the side"
- Tim Haab on "Consulting on the side"
- jroumasset on High Modernism, Metis, and Pigou
Categories
- Agriculture
- Air Quality
- Answer Desk
- Attempt at humor
- Beer
- Benefit-cost analysis
- Book Reviews
- Books
- Cap-and-Trade
- Cap-and-Trade Watch
- Carbon Tax
- Climate Change
- Coastal management
- Contingent valuation
- Contributors
- Current Affairs
- Deepwater Horizon blowout
- Demand and Supply
- Dubious to hopeless
- Ecological Economics
- Econometrics
- Ecosystem Services
- Energy Resources
- Film
- Fishery Resources
- Food and Drink
- Forestry Resources
- Games
- Gas Tax
- Government Policy
- Guest Post
- Health Effects
- Humor
- Just Because
- Kahn
- Land Resources
- Macroeconomics
- Marine Resources
- Microeconomics
- Movies
- Murder
- Music
- Natural Hazards
- navel gazing
- Off topic (e.g., personal)
- Outdoor Recreation
- Peak Oil
- Policy Benefits
- Policy Costs
- Politics
- Public Humiliation
- Puerile Humor
- Recipes
- Recommended Reading
- Religion
- Research
- Science
- Self-loathing
- Solid Waste
- Sports
- Sustainability
- Teaching
- Television
- The Energy Collective
- Tourism
- Trade
- Transportation
- Travel
- Value of statistical life
- Water Quality
- Water Quantity
- Weather
- Web/Tech
- Weblogs
- Wildlife Resources
December 2018
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
|---|---|---|---|---|---|---|
| 1 | ||||||
| 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| 9 | 10 | 11 | 12 | 13 | 14 | 15 |
| 16 | 17 | 18 | 19 | 20 | 21 | 22 |
| 23 | 24 | 25 | 26 | 27 | 28 | 29 |
| 30 | 31 |
Rankings
"This blog aims to look at more of the microeconomic ideas that can be used toward environmental ends. Bringing to bear a large quantity of external sources and articles, this blog presents a clear vision of what economic environmentalism can be."
Don't believe what they're saying
- And allow me a quick moment to gush: ... The env-econ.net blog was more or less a lifeline in that period of my life, as it was one of the few ways I stayed plugged into the env. econ scene.
-- Anonymous - probably the best summary of the stupidity of the green jobs debate I have seen.
-- Ben Ho - I have been an avid reader of your (and Tim’s) blog for about two years now, and greatly enjoy the intelligence and wit that you bring to your posts.
-- An avid reader - LAUGHING! Get some ink, just don't stop blogging.
-- not an economist or econ student - ... some of the gems in the blogosphere, such as ... Environmental Economics
-- Economic Way of Thinking - First I must say that I have found your blog to be a fantastic read. My colleagues and I actually laughed out loud at some of the posts!
-- UKNEE - Environmental Economics offers broad and shallow comment on that field, with an emphasis on valuation, climate policy, transport, and beer.
-- Aguanomics - The charming dorks at Environmental Economics point out ...
-- Lisa Margonelli - If I could only read two blogs each day they would be Environmental Econ and Environmental Capital.
-- Rich Sweeney - Excellent post, and a rare one on your site without any snark, sarcasm or puerile humour.
-- The Olive Ridley Crawl - Checking your blog is the highlight of my morning (well, unless I missed The Daily Show the night before, then you run a close second behind catching the missed episode). So, who needs the public affirmation of high rankings when you've got hordes of loyal readers?
-- Meredith - Are you sure you guys have econ PhDs? Something doesn't fit.
-- Bob Murphy - I can't believe you're an economist. Fantastic.
-- B Madsen - John Whitehead = HILARIOUS!
-- Mark C R UK - ... explains the mechanics of things with numbers and reason and insight. Don't be intimidated by the economics angle. It's never abstruse or technical. Instead, the tone is straightforward and forthright, at times bracing or breezy.
-- The Suzuki Foundation Blog - 10 Interesting Economics Blogs
-- Milken Institute Review - These guys have the self-confidence to call their blog simply 'Environmental Economics', and rightly so.
-- Oikos - ... [a] surprisingly entertaining site about economics.
-- Bottleworld.net - "... the refreshingly accessible 'Environmental Economics' blog"
-- American Institute of Biological Sciences - I'm not an economist nor am I a genius, but what you state is so glaringly obvious I don't understand why the vast majority of Americans don't get it.
-- Fritz - ... the Environmental Economics blog ... is now the default homepage on my browser (but then again, I guess I am a wonk -- a word I learned on the E.E. blog). That is a very nice service to the profession.
-- Anonymous - "... I try and read the blog everyday and have pointed it out to other faculty who have their students read it for class. It is truly one of the best things in the blogosphere."
-- Anonymous - "... the best environmental eco blog on the web – regular, informative, entertaining."
-- Oikos - "... manages to be both dismally scientific and readable at the same time."
-- World Changing
