Category Archives: Business

Piketty’s Book

Why it’s “garbage.”

Kyle Smith asked today on Twitter, if you put a check for a hundred bucks in the middle of Hillary’s new book, how many of them would get cashed? I’d say the same thing about Piketty’s book. It’s a “classic.” That is, a book that everyone wants to display and have read, but no one wants to actually read. Fortunately, some people who understand math did slog through it.

The Climate Cult

Thoughts from Steve Hayward on the latest propaganda failure:

The temperature plateau and the persistent limitations and errors of the computer models strongly suggest the kind of “anomalies” that Thomas Kuhn famously explained should constitute a crisis for dominant scientific theories. What’s more, several papers recently published in the peer-reviewed literature conclude climate sensitivity is much lower than previously thought, making the problem of climate change much less likely to be catastrophic and more likely to be easily managed. But with the notable exceptions of the Economist and straight-shooting New York Times science blogger Andrew Revkin, these heterodox findings, which have steadily eroded the catastrophic climate change narrative, have received almost no media attention.

Despite all this, there has been not even the hint of a second thought from the climateers, nor any reflection that their opinions or strategies could bear some modification. The environmental community is so deeply invested in looming catastrophe that it’s difficult to envision a scientific result that would alter their cult-like bearing. Rather than reflect, they deflect, blaming the Koch brothers, the fossil fuel industry, and Republican “climate deniers” for their lack of political progress. Yet organized opposition to climate change fanaticism is tiny compared with the swollen staffs and huge marketing budgets of the major environmental organizations, not to mention the government agencies around the world that have thrown in with them on the issue. The main energy trade associations seldom speak up about climate science controversies. The major conservative think tanks have no climate change programs to speak of. The Cato Institute devotes just two people to the issue. The main opposition to climate fanaticism is confined to the Heartland Institute, the London-based Global Warming Policy Foundation, the Competitive Enterprise Institute, and a scattering of relentless bloggers who have acquired surprisingly large readerships. That’s it. These are boutique operations next to the environmental establishment: The total budgets for all of these efforts would probably not add up to a month’s spending by just the Sierra Club. And yet we are to believe that this comparatively small effort has kept the climate change agenda at bay. It certainly keeps climateers in an uproar.

Well, someone has to do it.

The Next Commercial Crew Battle

OK, we lost the fight in committee, but now the bill goes to the full Senate. As noted here, individual senators actually can throw a wrench in the works, because there is a preference for unanimous consent. So now you don’t have to have a senator on the committee to fight the good fight — anyone with a senator or two (that is, any USian voter) can call one or both of them and try to fix this before the floor vote.