Category Archives: Economics

Administrative, Business, Economics, Media Criticism, Political Commentary, Science And Society, Technology and Society

An Argument Too Far

25 Comments

I don’t necessarily agree that the 737-MAX fiasco was a result of climate hysteria. Yes, the new design reduced emissions, but it did that by reducing fuel consumption, which is intrinsically a desirable goal for airlines. I’m sure that Boeing wanted to claim that it was lower emissions, for PR purposes, but fuel efficiency has always been a driver of new-aircraft design.

BTW, got home from DC yesterday morning. I had quite a week at IAC, but posting may return to the (subdued) normal this week.

Business, Economics, History, Media Criticism, Space, Technology and Society

A Gold Asteroid

33 Comments

Will it make us rich?

Dennis Wingo responds:

Yes, it’s impossible to predict the effects of drops in the price of previously-rare commodities. Gold is a very useful industrial metal, and this would expand its usage.

Business, Economics, History, Media Criticism, Political Commentary, Science And Society, Social Commentary, Technology and Society

California’s Planned Blackouts

25 Comments

Jim Meigs explains.

I just read that they’re cutting power to the Berkeley campus, which could be a disaster for researchers who need to keep things in the fridge, if they don’t have backup generators.

And you know what isn’t the problem? Climate change. Or at least not anthropogenic climate change. Drought is the natural state of affairs for the place. The 20th century was unusually wet, and a lot of policy decisions were made on the assumption that this was a normal state of affairs.

We’re on So Cal Edison, not PG&E, but we’ve heard that SCE might be planning the same thing. Unclear if we’ll be affected if they do.

[Update Saturday morning]

Californians learn that solar panels don’t work during power blackouts. More policy idiocy, and they’re compounding it by requiring every new home to have them. I can’t believe the state I’ve lived in for four decades, with such an innovative history, has become so effing stupid.

[Bumped]