Ezra Klein has a great long form piece up looking back at the Great Recession ( Read more... )

Last year, when oil prices skyrocketed, there was a lot of open discussion - for once - about peak il, which is the idea that we might have hit the peak of our ability to produce oil.   This is important because even the most conservative economist will say that once you pass the peak of producing a natural resource, costs go up and it is foolish ( Read more... )