If per capita GDP growth rates are non-linear then human progress may owe more to removing constraints to growth than supporting growth drivers per se.
So far the rise in oil prices has been driven by market speculation alone. The real supply shock hit us within weeks unless we get a speedy resolution to the Iran War.
UK's First-Past-The-Post electoral system is known to favour Labour and the Tories. What is less recognised is that it also denies critical experience to alternative parties, who therefore tend to fail as soon as they get a sniff of power.