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Ferdinand E. Banks

Contributor since: 29 Sep 2011

Ferdinand E. Banks

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 professorships in France, 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 Great Lakes Naval Training Station (Illinois). He has also been a lecturer in mathematical economics in Dakar (Senegal) and Lisbon (Portugal). He was an econometrician for UNCTAD in Geneva, Switzerland for 3 years, and fellow of the Reserve Bank of Australia when he was visiting professor of mathematical economics at the University of New South Wales (Sydney). He has been a consultant for the Hudson Institute in Paris. He has published 12 books, to include 2 energy economics textbooks and one book on international finance, and more than 200 articles of various lengths.

Latest articles from Ferdinand

  • Some Valuable Remarks About Oil and Speculation

    Published 29 February 2012 | viewed 5,459 times

    Several nights ago I participated in a debate (arranged by Russia Today TV – 24-7 –  CrossTalk, and transmitted internationally in English) in which I…

  • Two Natural Gas Kings: Russia and Qatar

    Published 08 February 2012 | viewed 8,437 times

    In my forthcoming energy economics textbook (2012), the two natural gas kings are three –  Russia,  Qatar and Iran –  while if I were beginning…

  • The Real Nuclear Deal

    Published 16 November 2011 | viewed 16,076 times

    Berthold Brecht put it as follows: “If you don’t know the truth, you are a fool, while if you know the truth but say that…

  • Energy Wars and a Rumor of Wars

    Published 07 September 2011 | viewed 5,211 times

    I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil ? Alan Greenspan (2008) Alan…

  • Will France Also Play the Nuclear Fool?

    Published 02 September 2011 | viewed 6,771 times

    Many years ago, although it seems like centuries, I was sitting in a small bar-disco in a town near Stuttgart Germany, talking to an Ivy…

  • Nuclear Energy and a Main Battle Tank

    Published 07 July 2011 | viewed 8,730 times

    Miracles take place in every war. The United States accounted for some of these during the Second World War, of which two were decisive. These…

  • The Oil Price Closely Observed

    Published 01 July 2011 | viewed 6,954 times

    When recently asked why the (West Texas Intermediate) oil price at the end of June (2011) had declined from 112 dollars per barrel (=$112/b) to…

  • The Beginning of the Nuclear Renaissance Will Not be Televised

    Published 21 June 2011 | viewed 17,534 times

    According to the United Nations energy organization (IAEA), statistics indicate that for 2009 and 2010, nuclear reactors in Sweden and Germany managed by the Swedish…

  • Some Economic and Historical Aspects of Electric Deregulation

    Published 15 June 2011 | viewed 5,559 times

    In the summer of 2001, a few months before the 9-11 attacks on the Trade Towers and Pentagon, I was invited to Hong Kong as…

  • Germany and the Nuclear Future

    Published 08 June 2011 | viewed 5,126 times

    Lets start with the bottom line, or what I usually call ‘The Message’ While Germany might temporarily abandon nuclear facilities located in Germany, they will…

  • Panic in The Nuclear Streets

    Published 22 May 2011 | viewed 5,658 times

    In my forthcoming textbook Energy and Economic Theory (2011), the last chapter contains a section called ‘On the Sunny Side of the Nuclear Street’, which…

  • Completely Wrong About Nuclear Power

    Published 13 April 2011 | viewed 3,490 times

    When the subject was oil, my students at the Asian Institute of Technology (Bangkok) were politely asked to study the situation in the United States.…

  • More about Libya

    Published 09 April 2011 | viewed 5,187 times

    Many years ago in Chicago, a man that I knew and heartily disliked, married to a beautiful actress and dancer, abandoned his bed in the…

  • Libya: But What About The Oil?

    Published 23 March 2011 | viewed 6,665 times

    As I pen these few humble words, Swedish combat aircraft are being tuned up for the long flight from Sweden to somewhere in the Mediterranean.…

  • A Very Unfriendly Note on Electric Deregulation

    Published 15 February 2011 | viewed 14,491 times

    Some years ago I was engaged in a half-serious one-man crusade to stop electric deregulation in Sweden. As with most one-man or one-woman crusades, it…

  • In the Head of Energy Secretary Chu

    Published 05 February 2011 | viewed 7,183 times

    As most readers of this short paper probably know, Dr Steven Chu is the energy secretary of the United States, a physicist, and a Nobel…

  • Model, Model: Who’s Got an Oil Market Model

    Published 01 February 2011 | viewed 6,571 times

    I had hoped to give a provocative lecture on the economics of nuclear energy at the forthcoming international meeting of the International Association for Energy…

  • An Invaluable Reminder about Electric Deregulation

    Published 24 January 2011 | viewed 5,612 times

    This short paper borrows from my forthcoming energy economics textbook (2011), and consists of a part of the lecture that I once desperately wanted to…

  • OPEC's Strategy

    Published 09 December 2010 | viewed 5,015 times

    An article published in the Infantry Journal (U.S.) many years ago contained the following  exotic question: “If you only had an hour in which turn …

  • Some Economics of the Great Coal Game

    Published 07 December 2010 | viewed 7,162 times

    Several years ago I politely asked every student in my course on oil and gas economics at the Asian Institute of Technology (AIT) to  master…

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