Contents -- Preface -- Acknowledgments -- 1 Background -- 2 On the Role(s) of Energy in the Economy -- 3 A Brief History of Bubbles and Busts through 1933 -- 4 Post-World War II -- 5 After the End of Glass-Steagall -- 6 The Role of Misbehavior -- 7 Where Do We Stand Today? -- 8 A Policy Agenda...

This article reconstructs the history of electric power uses in the US from 1900 to 1998 from a number of different sources of data. The uses are grouped into functional categories, viz. lighting, electrolysis, high temperature heat (electric furnace applications), low temperature heat (space...

Standard economic theory regards capital and labour as the main factors of production that satisfy the “cost-share theorem”. This paper argues that when a third factor, namely energy, is added physical constraints on substitution among the factors arise. We show that energy is a much more...