Category Archives: Economics

Business, Economics, Education, Media Criticism, Political Commentary, Science And Society, Social Commentary

Our Failed Political Class And “Elites”

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Some links and thoughts from Instapundit:

We need to take a serious look at how we select these people. Our current method is not working.

Well, it’s working for them. For now.

[Update a few minutes later]

OK, Bob Mueller is looking worse and worse:

Four top lawyers hired by Mueller have contributed tens of thousands of dollars over the years to the Democratic Party and Democratic candidates, including former President Barack Obama and President Donald Trump’s 2016 opponent, Hillary Clinton.

One of the hires, Jeannie Rhee, also worked as a lawyer for the Clinton Foundation and helped persuade a federal judge to block a conservative activist’s attempts to force Bill and Hillary Clinton to answer questions under oath about operations of the family-run charity.

Campaign-finance reports show that Rhee gave Clinton the maximum contributions of $2,700 in 2015 and again last year to support her presidential campaign. She also donated $2,300 to Obama in 2008 and $2,500 in 2011. While still at the Justice Department, she gave $250 to the Democratic National Committee Services Corp.

Rhee also has contributed to a trio of Democratic senators: Mark Udall of New Mexico, Chris Van Hollen of Maryland, and Sheldon Whitehouse of Rhode Island.

Congress should ask him to testify about this.

Business, Economics, History, Political Commentary, Science And Society, Space, Space History, Space Science, Technology and Society

Private Space Exploration

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There was an interesting conference in New York last week (that I would have liked to attend if it had been in my budget). It’s still hard to raise money for it, because modern philanthropists don’t know the history, and can’t conceive of anyone but NASA doing such things, but I think that this is the future.

[Update a while later]

Sorry, added missing link.

Business, Economics, Space, Technology and Society

China And Space

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They seem to be trying to get a little more innovative, but they don’t seem to be in a big hurry about it:

Reusable lift-body launchers will be developed in three stages — rocket-engine partial reusable vehicle, rocket-engine full reusable vehicle and combined cycle-engine reusable vehicle, said Lu.

The Long March carrier rockets still have room for improvement, Lu said, adding that the CALT is developing a heavy-lift launch vehicle with a payload of 140 tonnes to low Earth orbit and 50 tonnes to lunar transfer orbit.

The heavy-lift carrier rocket is currently called the Long March-9, and it should be sent into space by 2030, he said.

[Via Parabolic Arc]

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

Paris Agreement Advocates

Glenn Reynolds says they should practice what they preach, by government force if necessary:

First, we need to tax the “blue zones.” That is, we need to impose steep taxes on property in coastal areas that will be flooded by the sea-level increases that global warming is supposed to bring. By discouraging people from living or building there now, we’ll save ourselves from big problems in the future. Sure it’ll drive down property values, but those values should go down — they’re values for property that’s going to be flooded anyway, remember?

Second, we need to ban taxpayer-funded air travel to conferences. State legislatures could ban reimbursement for travel outside their states; Congress could require that no federal grant money be spent on air travel to conferences and similar events. A lot of academic conferences would fail, but that’s a small price to pay for saving the planet. And besides, it will encourage the development of Internet-based conference alternatives. A whole new industry might result: Green jobs!

Donald Trump can strengthen America by dumping Paris agreement: Sen. Inhofe
Third, we need to ban private jet travel. At first I thought about just taxing it heavily, but with the planet at stake, that might not be enough. It’s nice that John Travolta can have his own Boeing 707, or that Leonardo DiCaprio can jet around the world speaking against climate change, but the carbon emissions involved set a bad example that outweighs anything he might say. So no more private jets. Bigshots will just have to fly commercial like everyone else, the way they did in the 1950s. (And sorry, Leo, but massive yachts have to go, too). Politicians, too, should have to fly commercial. No more government-funded “executive jets” for them.

Fourth, we need a luxury tax on mansions. Any home more than twice the size of the average American home should be taxed at 25% of its value per year. Celebrities and the rich enjoy great powers of persuasion — but with great power comes great responsibility, and they have a great responsibility to set a good example for the rest of us on climate change!

As he says, it seems like a modest proposal.