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- 05 Jun
Will we be able to afford commodities in the future?
We are always exploiting the easiest reserves of everything – coal, oil, gas, copper, or any other commodity. As these reserves are exhausted won’t the cost of extraction from new deeper, more complex deposits increase substantially? Will we be able […]
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- 05 Jun
Exploiting the World’s Non-renewable Resources
If you mine and burn some non-renewable resource – oil, gas, coal – to run your car on, or make electricity with, are you unfairly exploiting the world’s resources to the detriment of future generations? This is a common perception. […]
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- 07 Mar
Is the Boom already becoming a Bust and are we Prepared?
This paper is a shortened form of a public lecture in May-2012 by Ian Runge at the invitation of the University of Queensland School of Economics. The objective was to examine the state of the (then) current resources boom, and […]
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- 05 Mar
More about Real Capital – Why capital intensive industries like mining continually fail to achieve expected returns to investment
This paper is the second in a series examining the differences between real capital and financial capital. Real Capital is to Financial Capital as Real Options are to Financial Options. Not recognizing the differences between the two leads to incorrect […]
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- 02 Mar
Real Capital – Why capital intensive industries like mining continually fail to achieve expected returns to investment
This paper is the first in a series examining the differences between real capital and financial capital. Not recognizing the differences between the two leads to incorrect investment decision-making and to failure to achieve expected returns to investment. In this […]
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- 22 Feb
GDP (Gross Domestic Product) – Don’t Believe it!
GDP is gross domestic product, not net domestic product. It measures production, not destruction. In 1958, Mao Zedong launched China’s “Great Leap Forward” and amongst other initiatives, provided lots of incentives to increase steel production. Steel output rose dramatically. BUT […]
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