Energy and the Wealth of Nations
by Richard Vodra, JD, CFP
(Note: Commentaries do not necessarily represent the position of ASPO-USA. This commentary originally appeared as part of an Advisor Perspectives newsletter.)   Read the rest here.

When our society relies on an understanding of economics that did not predict, prevent, or mitigate the current economic crisis, and that, more importantly, does not effectively address climate change or resource depletion, it is time for a new and different approach to understanding the economy. That premise is the foundation of Energy and the Wealth of Nations, an important book by ecologist Charles Hall and economist Kent Klitgaard, who together are pioneering the new discipline of biophysical economics.

Richard Vodra, J.D., CFP®, is the President of Worldview Two Planning of McLean, VA. He recently retired from a 27-year career as a personal financial planner. He is a member of the Board of the Association for the Study of Peak Oil (ASPO-USA).

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