January meeting – Time and Energy

Ian Senior gave a very thought-provoking talk on time and energy and why they have an important influence on human behaviour.  He started from two simple concepts that time and energy are two absolutes on which all economic activity is based and that most humans are economic most of the time.  From these two premises, he explained the activities of individuals, groups, societies and nations from the past through to the present and into the future.  With the age of cheap fossil fuels waning, every aspect of human activity is expected to change from the number of years we will work to the food and the goods that are produced. He described how the future might unfold with relation to war, peace, religion and migration and pointed out that all wealth derives from natural energy and that a nation’s capital wealth is just as important as its income. His views were expressed with clarity and conviction and were supported with some surprising – and concerning – calculations