I’ve wondered how to best explain the advantages of the Diagonal Economy in confronting energy descent.  I think that reference to an old post addressing “anti-economies ” is perhaps the best framework.   There, I discussed the classical sources of economic efficiency:  economy of scale and economy of place. Both economies of place and scale will be impacted by the phenomenon of energy descent—the idea that there will be increasingly less surplus energy available to society going forward.  While … [Read more...]