Energy shocks can have perverse consequences
The 1970s offer unhappy lessons for policymakers
The now-dismantled dth-nul-energihus in suburban Copenhagen offers a vision of a future that never came to pass. Built during the oil shock of 1973 by the Technical University of Denmark, this squat, white building—consisting of two living spaces divided by a glass atrium and topped with a spine of solar panels—was one of the first attempts to create a zero-energy home.
This article appeared in the Finance & economics section of the print edition under the headline “Solarpunked”
Finance & economics October 15th 2022
- Emerging markets look unusually resilient
- After China’s party congress, is there hope of better policymaking?
- As Europe falls into recession, Russia climbs out
- Rates are rising at unprecedented speed. When will they bite?
- Three economists win the Nobel for their work on bank runs
- Who will survive the fintech bloodbath?
- Credit-default swaps are an unfairly maligned derivative
- Energy shocks can have perverse consequences
From the October 15th 2022 edition
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A new book by Byrne Hobart and Tobias Huber argues there are advantages to financial mania