Noam Chomsky on Peak Oil, Economics, Financial Markets, Bailouts, Investment, Climate Change (1998)

[youtube http://www.youtube.com/watch?v=D3ef_cbZ-Pc&fs=1&rel=0] Peak oil is the point in time when the maximum rate of petroleum extraction is reached, after which the rate of production is expected to enter terminal decline. Global production of oil fell… Video Rating: 4 / 5 [youtube http://www.youtube.com/watch?v=oZsYxVe0KE8&fs=1&rel=0] “Why has Globalization Increased Inequality in Developing Economies?” A Lecture by Eric Maskin, […]