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Baystreet.ca - Update On The World's Most Exciting Oil Play: Interview With Recon Africa's Jim Granath

Baystreet.ca - Update On The World's Most Exciting Oil Play: Interview With Recon Africa's Jim Granath
baystreet.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baystreet.ca Daily Mail and Mail on Sunday newspapers.

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Recon Africa: The Truth About The World's Most Exciting Oil Play

8 hours
Pipeline Operators Score Massive Supreme Court Victory
12 hours
U.S. Oil Inventories Fall For Sixth Straight Week
12 hours
Record-Breaking Heatwave Sparks Blackouts Across The Pacific Northwest
13 hours
U.S.-Controlled Oilfield In Syria Attacked By Rockets
14 hours
New Russian Tariffs Could Send Key Metal Prices Even Higher
15 hours
Is The Tesla Hype Fading?
16 hours
Oil Prices Climb On An Optimistic Outlook From OPEC+
17 hours
India’s Fuel Demand Is Finally Bouncing Back
18 hours
Russia Is Struggling To Boost Oil Production
2 days
Oil Falls Sharply Ahead Of OPEC+ Meeting
2 days
UAE Warns Buyers It’ll Deliver Less Crude Ahead Of OPEC+ Meeting ....

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Rethinking The Free Market: Conclusions And Methods

Conclusions
Peter Brown and Peter Timmerman argue that mainstream economics is an ‘orphaned discipline’. It is founded, they claim, on a “dated and unrevised metaphysical and prescientific vision that is “incompatible with what we know about the universe and our place in it (Brown and Timmerman, 2015). Looking at free-market theory in the context of the modern understanding of evolution, this assessment rings true.
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Adam Smith’s concept of the invisible hand was a plausible hypothesis when it was proposed more than two centuries ago (Smith, 1776). Given the state of knowledge at the time, it seemed possible that self-interest, if properly channeled, could benefit groups. But as our knowledge of evolution has progressed, this hypothesis has grown steadily less plausible. The problem is that the major transitions in evolution show a pattern that is the opposite of th ....

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G7 should end not just coal but also oil and gas finance in 2021

Any views expressed in this opinion piece are those of the author and not of Thomson Reuters Foundation.
Ahead of summit, more than 100 economists call on G7 countries to commit to shift their finance out of all fossil fuels this year, to enable a green pandemic recovery
On June 11-13, world leaders will gather at the G7 summit. There, they plan to adopt an agenda to
“build back better from coronavirus and create a greener, more prosperous future”. We, the undersigned economists, believe that this means decisively shifting finance out of fossil fuels, and into clean alternatives worldwide. We welcome the decision taken last month by G7 environment ministers to end international finance to coal-fired power in 2021. We call on G7 leaders to go further and shift their finance out of all fossil fuels in 2021. ....

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Documentary Of The Week: Michael Hudson On Debt And Power

Written by John LounsburyMichael Hudson sees a future with serious economic dislocations because of excessive private debt that cannot be repaid. Throughout much of history before the 14th century excessive private debt was resolved with debt Jubilees wherein all private debts were cancelled. This happened on a recurring basis in many civilizations past. Debtors were saved from financial serfdom and yet lenders survived to lend again. ....

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