Peter McLennan

The experts may prognosticate, but reality makes fools of them, too. Paul Roberts, in The End of Oil: The Decline of the Petroleum Economy and the Rise of a New Energy Order, reviews several scenarios for the future of oil that were advanced in late 2002 by the US National Intelligence Council. The two most bleak ones had the price of oil reaching US$50 a barrel, the first sometime between 2010 an ... (read more)

There is no minimal safe exposure to free asbestos fibre. It is the most lethal industrial material of the twentieth century. Asbestosis and mesothelioma are the common diseases arising from exposure to it. Mesothelioma, a cancer, is distinctively brutal in the way it causes its victims to die. Typically, there are no symptoms for as many as forty years; when the disease appears, death follows aft ... (read more)

Big business is a hard country. Matt Peacock tells the story of the James Hardie company and its venality as the manufacturer of fibro cement products in Australia. The fibro shack has been as iconic a domestic symbol as the Hills hoist, and Australia used more fibro per head than any other developed nation. However, the fibre in fibro for much of the twentieth century was asbestos, exposure to wh ... (read more)

Diane Coyle has a passion for economics and believes that the object of her passion should possess a soul. She fails to convince on this point, but that is of little account. She has written an absorbing book that sets out what economists do and that provides a commentary on current thinking. Economics claims rigour. It starts with unambiguous definitions and simple propositions that are capable ... (read more)