A new paper from Mercatus, citing me and the book. In fact, I used the FDA as another example of a risk-averse bureaucracy in the book.
Category Archives: Business
Economic Growth
Why we need it much more than democratic socialism.
Socialists don’t understand that in order for wealth to be distributed at all, it has to be created.
Dog Years
Lengthening them with a new anti-aging drug. Humans come next.
Temperature And The Economy
Well, this is a twofer from Borenstein: Junk science and junk economics.
NASA Can’t Go To Mars
It’s essentially illegal. My latest column, about NASA in the movies and in real life, at USA Today.
Virgin Galactic
Almost a year after the loss of SpaceShipTwo, Doug Messier has some questions about their switch back to a rubber engine. The answers are unsatisfactory. And there’s this perennial bit:
Despite Richard Branson’s increasingly dire pronouncements (The Time for Climate Action is Now) about how rising global temperatures and sea levels threaten the planet (and his private island home), it looks as if Virgin Galactic will go back to using a carbon spewing rubber hybrid rocket engine to power SpaceShipTwo.
That’s the word from Virgin Galactic officials in Mojave, who say that the rubber/nitrous oxide engine they previously abandoned is now performing better than the supposedly superior nylon/nitrous oxide engine they abandoned it for in May 2014. It’s not entirely certain, but it looks that way.
Branson won’t lose any sleep over this further expansion of his carbon footprint. He never has. Anyone who can passionately advocate for the climate while flying around the world in a private jet, expanding his fuel-gulping airlines, launching three new massive cruise ships, and burning rubber in the upper atmosphere is clearly untroubled by irony or contradictions. Here’s a guy who urges billions in new public spending on climate change while living as a tax exile in the British Virgin Islands.
As Emerson said, a foolish consistency is the hobgoblin of small minds.
A New Desalinization Method
If this works out, it would be huge. It might be useful for Martian water, too.
“Space Exploration”
I hate op-eds like this. They’re meaningless.
I oppose "space exploration." It's a meaningless phrase. I favor space development.
— Rand Simberg (@Rand_Simberg) October 20, 2015
Reusable Mars Landers
Yes, throwing them away makes no sense. That’s Apollo-to-Mars thinking.
Creating fully reusable transportation infrastructure will be a key element of my Kickstarter report.
Income Inequality
What Bernie Sanders doesn’t understand about it.
To be fair, of course, I don’t think Bernie Sanders understands anything about anything.
Related: Bernie Sanders and the fixed-pie fallacy. He (like all Marxists) doesn’t understand that wealth is created, or how. He thinks it’s just something to be magically redistributed.
[Update a few minutes later]
Unfortunately for the Marxists, the American people don’t think that wealth inequality is a crisis. They don’t think that climate change is, either. It barely makes the list.
[Update a few minutes later]
Dems appeal to “progressives,” not all Americans.
There’s nothing progressive about them. Forced wealth redistribution is the oldest game in the book. Free markets are what are new and revolutionary.