Warwick Powell on Glenn Diesen's show

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Doug Mounce

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Apr 1, 2026, 3:53:24 PM (2 days ago) Apr 1
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As I prepare to dive into Hugh's recent contribution . . .

This was the first time I've heard someone from the mainstream economics discipline reference "two circuits".  Powell's are based on the circuits of material or thermodynamic transformation (the real economy or the system of use value), and the circuits of exchange value (endogenous money and fictitious capital) but does deal with the feature of surplus.  He also adds an information flow which sounds useful.

John Raymaker

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Apr 2, 2026, 11:55:20 AM (yesterday) Apr 2
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Doug and all, your message refers to Warwick Powell, of whom I had never heard. His phrase "time of monsters" certainly applies to Putin. First time I've seen the term "thermoeconomics."

 I googled and found info about Powell and his book that I include in the folowing PS:


PS

Warwick Powell: Age of Energy Sovereignty & Energy Wars. (Question: How do Powell and Prof. Glenn Diesen collaborate or work together--or do they?) John

Warwick Powell is an Adjunct Professor at the University of the Queensland University of Technology, and a Senior Fellow at the Teihe Institute. Powell discusses thermoeconomics, energy sovereignty, energy transition, and energy wars.Thermoeconomics in a Time of Monsters: https://www.amazon.co.uk/Thermoeconomics-Time-Monsters-International-Geopolitical-ebook/dp/B0GRGQ9BMQFollow Warwick Powell's Substack: https://warwickpowell.substack.com/Follow Prof. Glenn Diesen: Substack: https://glenndiesen.substack.com/ X/Twitter: https://x.com/Glenn_DiesenPatreon: https://www.patreon.com/glenndiesen Support the research by Prof. Glenn Diesen: PayPal: https://www.paypal.com/paypalme/glenndiesenBuy me a Coffee: buymeacoffee.com/gdiesengGo Fund Me: https://gofund.me/09ea012fBooks by Prof. Glenn Diesen: https://www.amazon.com/stores/author/B09FPQ4MDL

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Doug Mounce

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Apr 2, 2026, 11:58:31 AM (yesterday) Apr 2
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Thanks for asking John - Glenn Diesen is a Norwegian political scientist who interviews a wide range of folks on youtube, and he's an excellent host.  He doesn't actively collaborate with Powell as far as I know.   



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