Category Archives: Economics

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

Demons Under Every Rock

12 Comments

The ever-expanding definition of “climate denial.”

These sorts of attacks, supported by multiple layers of links that never actually materially support the claims that are being made, used to be the domain of a small set of marginal activists and blogs. Atkin herself cut her teeth at Climate Progress, where her colleague Joe Romm has spent over a decade turning ad hominem into a form of toxic performance art.2

But today, these misrepresentations are served up in glossy, big-budget magazines. Climate denial has morphed, in the eyes of the climate movement, and their handmaidens in the media, into denial of green policy preferences, not climate science.

…More broadly, the expansion of the use of denier by both activists and journalists in the climate debate, a word once reserved only for Holocaust denial, mirrors a contemporary political moment in which all opposing viewpoints, whether in the eyes of the alt-right or the climate left, are increasingly viewed as illegitimate. The norms that once assured that our free press would also be a fair press have deeply eroded. Balanced reporting and fair attribution have become road kill in a world where all the incentives for both reporters and their editors are to serve up red meat for their highly segmented and polarized readerships, a dynamic that both reflects and feeds the broader polarization in our polity. It is a development that does not bode well for pluralism or democracy.

Yup.

[Update Wednesday afternoon]

Related thoughts on the Brett Stephens brouhaha: How to lose friends and alienate people.

[Bumped]

Economics, Education, History, Media Criticism, Political Commentary, Social Commentary, War Commentary

Communism

8 Comments

Commemorating (but not celebrating) a century of it:

It would be simplistic to blame all of these events on ideology. We live in an imperfect world and those imperfections have been unequally distributed. No conceivable government of Russia, or China, or Venezuela would have left no citizens impoverished or oppressed. Nonetheless, a hundred years of communism has presented us with an intimidating record of catastrophe, in a moral, political, and economic sense. Time and again, ambition has exceeded potential. Time and again, coercion has encouraged conflict. Time and again, violence has perpetuated itself. Time and again, absolute power has hardened into tyranny.

These disasters were concealed, excused and exacerbated by Western apologists and traitors. Walter Duranty of the New York Times lied to America about the scale of the Soviet famine. Intellectuals from George Bernard Shaw to Jean Paul Sartre to Eric Hobsbawm rationalised atrocities. Spies in British and American institutions betrayed military and intelligence secrets. As Europe reeled from the horrors of world war, and as the West endured the austerity of the depression, the impulse towards radicalism was understandable. But as the reality of communism was exposed even dull-minded apologists ran out of excuses.

A recent article in the New York Times offers a nostalgic account of growing up as a communist. Its author implies that the reality of Stalinism was made clear by Kruschev in 1956. But two decades earlier, Gareth Jones and Malcolm Muggeridge had exposed widespread starvation in the Soviet Union. The show trials had been reported across America and Europe. The Madden Committee had revealed the truth of Katyn. Orwell had published Animal Farm, and Koestler Darkness at Noon. By 1956, ignorance was abominable.

And it should be even more so today, but it has a sick appeal to something in human nature.

[Update a few minutes later]

I wish this were less related: The Cruelty Of Blue. As goes Puerto Rico, so will go many Democrat-run cities on the mainland.

Business, Economics, Media Criticism, Political Commentary, Space, Technology and Society

The Engine Competition

6 Comments

The race between Aerojet Rocketdyne and Blue Origin heats up. But as noted in comments over there, there’s a big word missing in the story: Reusability. And the issue isn’t so much reusability of the engines themselves (though I’ve heard nothing to indicate that the AR1 will be reusable), but in the vehicle design. ULA does not want to continue Atlas with a new engine; they know they need at least a recoverable propulsion/avionics unit of Vulcan to even hope to be competitive with SpaceX (and Blue Origin).

Business, Economics, Health, History, Law, Media Criticism, Political Commentary, Social Commentary

ObamaCare

3 Comments

“My husband would have died if he’d relied on it.”

All of the mendacious hysteria over this bill has been incandescent, especially compared to the very real disaster that the ACA has been (and which many of us warned about).

Business, Economics, Political Commentary, Social Commentary

California

4 Comments

…squashes its young:

Young people overwhelmingly prefer single-family houses, which represent 80 percent of home purchases nationwide for people under 35. If millennials continue their current rate of savings, notes one study, they would need 28 years to qualify for a median-priced house in San Francisco—but only five years in Charlotte and just three in Atlanta. This may be one reason, notes a recent ULI report, why 74 percent of Bay Area millennials are considering moving out in the next five years.

Regional planners and commercial chambers should indeed look to California as a model—of exactly what not to do. The state’s large metro areas are no longer hot growth spots for millennials, who are flocking to suburbs and exurbs elsewhere. Since 2010, the biggest gains in millennial residents have been in low-density, comparatively affordable cities such as Orlando, Austin, and Nashville. Ultimately, the battle for California’s future—and much of Blue America’s—will turn on how these regions meet the challenge of providing housing and opportunities to a new generation of workers and young families. A California that works only for the wealthy and well-established is not sustainable.

Something that can’t go on forever, won’t.

Business, Economics, Space, Technology and Society

Vector Space Systems

10 Comments

Congratulations on a successful test fight in Mojave today. That’s pretty good progress for a year-old company. There’s going to be a shakeout in this market, but they seem to be real.

[Mid-afternoon update]

I like how the shadow stays in the frame as the rocket disappears from it.

[Thursday-morning update]

Eric Berger has the story.