2. Economics of Energy

Links to all the readings mentioned in this seminar can be found on saifedean.com/podcast.This seminar focuses on the economics of energy. How does the economic way of thinking help us understand the energy market, and recent events like the California blackouts. I discuss the content of the economics of energy chapter in my forthcoming textbook, Principles of Economics, and how marginal analysis can help us understand the limitations of unreliable energy sources, as well as the world's continued reliance on hydrocarbons for energy.