Capital Institute Blog

“There Will be Fuel”, by Clifford Krauss, was the feature article in a special Energy section of the NY Times on November 16th. Not only was it amateur and unbalanced, it was irresponsible. The thesis was “peak oil is a joke, we’re now swimming in oil”. Nothing could be

I am grateful to the Triple Crisis Blog for making me aware of the passing this month of the great mathematician, Benoit Mandelbrot, who coined the term “fractal”. Mandelbrot defined a fractal as “a rough or fragmented geometric shape that can be split into parts, each of which is (at least approximately) a reduced-size

I recently gave the keynote at the annual meeting of Oregon Rural Action in La Grande, Oregon, “Making the Shift: Building a Vibrant Local Economy Amidst the Broken Global Financial System.” (My slide deck is posted on our resource section here.) To

Last week, Capital Institute co-convened with futurist Hazel Henderson at Ethical Markets Media (USA and Brazil), her company’s facility in Florida, the new Committee on Transforming Finance (CTF).  The CTF is a group of seasoned capital markets practitioners, scholars, and financial writers who share a belief that the policy responses to the financial crisis were more

We immerse ourselves in facts and figures; turning real life suffering into an abstraction.  The official unemployment rate is 9.6 percent in the United States. Estimates vary about the additional unemployed who have given up looking for a job.  Some say the real number could exceed 15 percent.  The unemployment for black youths in America aged 16 to 19 is…

The more I discover about the modern financial system, the less I recognize it, and the more incredulous I grow.  And I worked at the center of the financial system until 2001. My comment is prompted by the latest news that several leading hedge fund managers and private equity moguls are lashing out at the Obama Administration and funneling money, lots…