December 20, 2012

How Fossil Fuels Saved Humanity

Cato Institute, Cato Institute

AP Photo

For most of its existence, mankind’s well being was dictated by disease, the elements and other natural factors, and the occasional conflict. Virtually everything it needed—food, fuel, clothing, medicine, transport, mechanical power—was the direct or indirect product of living nature. Good harvests reduced hunger, improved health, and increased life expectancy and population—until the next inevitable epidemic, crop failure, natural disaster, or conflict. These Malthusian checks ensured little or no sustained growth in population or well-being.

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TAGGED: oil, energy


December 14, 2012
Putin's Petroleum Problem
Thane Gustafson, Foreign Affairs
Since the fall of the Soviet Union, Russia has become increasingly addicted to oil, which has underwritten bad policies and allowed Putin to buy off key constituencies and the masses. But petroleum could also hold the key to... more ››