Jared Diamond: Modern finance adds another layer of risk. He says we have a lot more paper claims representing energy than there actually is energy available to solve problems. In the future, if we have less energy per capita and it's harder to get energy, what does this mean for all of the outstanding debt? But again, for some serious problems emerging from that, but your trouble would be a better place to answer that than I am.
On this episode we meet with archaeologist, historian, and Professor at Utah State University, Joe Tainter.
What are the key differences between complicated and complex? How can we better understand energy and society through these key distinctions? Tainter explains our current predicament based on decades of research and offers pathways for our collective future.
About Joe Tainter
Joe Tainter has been a professor at Utah State University in the Environment and Society Department since 2007, serving as Department Head from 2007 to 2009. His study of why societies collapse led to research on sustainability, with emphasis on energy and innovation. He has also conducted research on land-use conflict and human responses to climate change. He has written several books, including The Collapse of Complex Societies and Drilling Down: The Gulf Oil Debacle and Our Energy Dilemma.
For Show Notes and Transcript visit: https://www.thegreatsimplification.com/episode/27-joe-tainter