Category Archives: Business

Space Interview Tonight

Alan Boyle of MSNBC will be interviewing me in Second Life tonight on Virtually Speaking Science at 6 PM SL time (PDT). Here’s the SLURL for SLers: http://slurl.com/secondlife/StellaNova/228/226/38

This is the promo:

Alan Boyle talks with Rand Simberg

As MSNBC.com’s science editor, Alan runs a virtual curiosity shop of the physical sciences and space exploration, paleontology, archaeology and other ologies that strike his fancy. Alan is the author of “The Case for Pluto,” a contributor to “A Field Guide for Science Writers,” and the blogger behind Cosmic Log, the 2008 recipient of the National Academies
Communication Award.

Rand Simberg describes himself as ‘just a recovering aerospace engineer.’ The Competitive Enterprise Institute describes him as ‘an expert on space technology and policy, particularly with regard to NASA and commercial human spaceflight.’ He writes widely about the politics and economics of space exploration. Read him in Popular Mechanics and Transterrestrial Musings – Biting Commentary about Infinity and Beyond! Watch him on YouTube. | Listen live and later on BTR

And yes, it will probably conflict with the Republican debate.

Obama Will Get A Recovery

…when demand curves slope upwards:

Card and Krueger proudly announced the repeal of the most fundamental law of economics: “Our empirical findings challenge the prediction that a rise in the minimum reduces employment. Relative to stores in Pennsylvania, fast food restaurants increased employment by 13 percent.” Except they didn’t. Their data, gathered by telephone survey, turned out to be “so bad that no credible conclusions can be drawn,” another study concluded. Other economists used actual payroll data instead of a phone survey and found just the opposite: the state-mandated pay hike reduced employment.

“Let’s hope that labor economist Alan Krueger, as he assumes his new position as Chief Economist to the President, remembers that demand curves really do slope downward,” Perry concludes.

Once again, it appears that Obama has hired the best incompetence that money can buy.

When it comes to economics, it’s the Democrats that are anti-science. Especially on the dismal one.

The Line Between Fascism And Fabian Socialism

…is very thin:

In Argentina, everyone acknowledges that fascism, state capitalism, corporatism – whatever – reflects very leftwing ideology. Eva Peron remains a liberal icon. President Obama’s Fabian policies (Keynesian economics) promise similar ends. His proposed infrastructure bank is just the latest gyration of corporatism. Why then are fascists consistently portrayed as conservatives?

Because the Left are always historical revisionists. They have to be to sucker the next generation of rubes.