August 6, 2012 archive

Concern on “fracking” in Europe

Concern arises, as Halliburton, Chevron and Exxon declare they are starting the ‘fracking’ process in Europe, The Ecologist reported. Hydraulic fracturing is the propagation of fractures in rock layers, as a result of the action of a pressurized fluid (Wikipedia) used to extract liquid or gaseous hydrocarbons. In the US, gas-extraction in the Marcellus Shale …

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The Economic History of the Last 2000 Years

The Atlantic reports an interesting history of the world economy, from a JP Morgan research. In the article, you can find other graphs showing the average GDP per capita in different Counties and areas, and a summary of the research explainin the economic trends, before and after the Industrial Revolution.