Professor Ferdinand E. Banks (Uppsala University, Sweden), performed his undergraduate studies at Illinois Institute of Technology (electrical engineering) and Roosevelt University (Chicago), graduating with honors in economics. He also attended the University of Maryland and UCLA. He has ...
more Professor Ferdinand E. Banks (Uppsala University, Sweden), performed his undergraduate studies at Illinois Institute of Technology (electrical engineering) and Roosevelt University (Chicago), graduating with honors in economics. He also attended the University of Maryland and UCLA. He has the MSc from Stockholm University and the PhD from Uppsala University. He has been visiting professor at 5 universities in Australia, 2 universities in France, The Czech University (Prague), Stockholm University, Nanyang Technical University in Singapore, and has held energy economics (guest) professorships in France (Grenoble), Hongkong, and the Asian Institute of Technology (Bangkok). The main portion of his military service was in Japan (infantry) and Germany (artillery), and he was employed for one year in the engineering department of the U.S. Navy at the Great Lakes Naval Training Station (Illinois). He has also been a lecturer in mathematical and development economics in Dakar (Senegal) for 15 months, and macroeconomics at the University of Technology in Lisbon (Portugal) for one term. He was an econometrician for UNCTAD (United Nations Commission on Trade and Development) in Geneva (Switzerland) for 3 years, and fellow of the Reserve Bank of Australia when visiting professor of mathematical economics at the University of New South Wales (Sydney) for one academic year. He was a consultant for the Hudson Institute in Paris, and a systems analyst and applied mathematician for a consulting firm in Chicago. He has published 12 books, including two energy economics textbooks and one book on international finance, and more than 200 articles of various lengths. His new textbook Energy and Economic Theory will be published by World Scientific (Singapore, London and New York) in 2014. He is completing the writing of his 14th book, which consists of non-technical lectures on energy economics.
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Latest Comments
Best Public High Schools In The U.S.
I'm not at all certain as to whether I should agree with this ranking of US universities. No, I'm not certain at all, because where my 'speciality' (energy economics) is concerned, just about all of those institutions mentioned are ____ poor.
Of course, considering that a recent US president and graduate of an elite university started a war on the basis of a lie, and the present Commander-in-Chief belongs in show business instead of the White House, perhaps education is not as important as commonly believed. Energy too, because if the 2.5 trillion squandered on stupid wars had gone to providing or preparing to provide the energy (and the education) that Amercans are going to need, people like me could forget about teaching or claiming to teach energy economics, and devote my time to something that the 'market' considers constructive..
Russia Nears Completion Of Second 'Holy Grail' Gas Deal With China
Riksbank And Abba
I like your enthusiasm where Sweden is concerned. I got my economics education on Odengatan in Stockholm, and my international finance students at Uppsala University were the best I ever taught. But that was long ago, and the universities are filled with economics professors now who are completely hopeless. That tells me that there is a finite probability that the folks in the Riksbank - who were trained in Swedish universities - don't know what they are doing. Don't have the slightest idea in fact. We'll just have to see, won't we?
Soros Signals Argentina’s Shale Is Biggest Place To Be
I Think that I will keep my Money under my bed rather than follow the advice of Mr Soros where energy commodities are concerned.
Besides, if you want to know about shale resources in Argentina, or for that matter Monoco, just check what is happening on the shale front outside the U.S. Answer: nothing is happening, despite the help that various countries are receiving from American firms in full command of the relevant technology.
Incidentally, in the elementary energy economics book I have just completed, I provide a clue to the kind of math needed to approach the shale riddle. The key factor is the accelerated depreciation of shale deposits, and once you go into this matter you see why the superbly educated advisers to executives of French firms tell those executives to play it cool where shale is concerned.
Fred Banks
Sudetenland Revisited
Putin has no problem with natural gas. He can sell all he wants to China and Japan, although perhaps later than sooner. What is/was the Point anyway of pretending that Russia could be punished by depriving western Europé of a valuable energy source?
- Fred Banks
Russia Discovers Massive Arctic Oil Field Which May Be Larger Than Gulf Of Mexico
Well, those accursed Russians have done it again.
Just when the parasites and charlatans came the conclusion that Russia was finished, they and Exxon Mobile find a huge oil field, and it is almost certain that they will find more oil above Russia's Northern border.
Although I couldn't understand what Mr Putin was/is trying to do in the vicinity of the Russian-Ukraine border, I say well done to Russia and Exxon-Mobile, even though the ignorant boss of Nato wants to waste more billions of dollars playing Cold War games. We need the oil in that and other fields if we are to have a painless transition to future energy Technologies.