Category Archives: Economics

Base Camps

Derek Webber writes that in order to advance into the solar system NASA needs to take some lessons from Everest climbers.

Not to mention be willing to lose folks occasionally.

[Update a few minutes later]

Jeff Foust notes that there seems to be an emerging consensus that Mars is the goal, though none on how to do it.

Meanwhile, John Strickland says we need an integrated approach, with robots and humans. to get to Mars. He seems to be focusing on Mars surface water, though. I think we need to trade that with manufacturing propellants at Phobos or Deimos.

My take, as always, is that destinations are less important than capabilities. Put an off-planet space-transportation infrastructure in place, and the entire solar system (including Europa and Enceladus) is opened up to us. But Congress would rather build big rockets.

The Middle Class

Stop favoring speculators and investors over them.

That applies to both parties. The Republicans could make this an electorally popular strategy, but too many of their donors would object.

I would note, though, that if you’re going to tax capital gains more, you need to provide a way to factor out inflation, because a devaluation of the currency doesn’t provide a true capital “gain.”

3-D Printed Guns

Should we be afraid of them?

…should we be afraid to live in a world where anyone can afford the equipment to manufacture a gun in his or her basement? I hope not—because that’s the world we live in now. Guns are comparatively simple devices. In fact, plenty of custom firearms are manufactured today using equipment that wouldn’t be out of place in a basement. Just as the sets of “plastic guns” and “3D-printed guns” are not identical, the sets of “3D-printed guns” and “homemade guns” are not identical. At the moment, virtually every homemade gun is constructed using some technology other than 3D printing.

Yes, as with most hoplophobia, this is silly.

Climate Change

What we don’t know:

We shouldn’t worry, we should just accept that this will happen and we should adapt to it and regard it as a business opportunity.

Its arrogant to assume that climate will remain static.

The whole language of climate change is designed to confuse the public and policy makers

Bob Carter says the IPCC has accomplished the inversion of the null hypothesis, where the onus is now on disproving dangerous anthropogenic climate change

We should focus on protecting people from natural hazards, and not worrying about what is causing them

It makes sense to encourage alternative energy and see what happens.

Bob Carter closed with this: no scientist can tell you whether it will be warmer or cooler in 2020, so we should prepare for both.

Yes. We don’t know much more than we do know.

And as she notes, the people speaking sensibly are independent or retired, not those receiving government funding.

The Civil War On The Left

Couldn’t happen to a nastier political movement:

the better evidence of how the Democratic Party could come to blows comes from California, which right now rivals China for one-party control. Never mind the three Democratic state senators all heading for the hoosegow for corruption: the bigger story is how Democratic ethnic factions are viciously turning on one another.

So it’s a race war! What a surprise (not really, considering what racists these people are).

Plus, for lagniappe, there’s their war against tech, even when it’s leftie tech.

I guess some people tip cows, others tip cars. When they’re not p00ping on them.

Space Tourism

Six reasons it matters.

As I often point out, people who complain about “joy rides for the wealthy” shouldn’t watch media devices like Blu-Ray players, because they were once just “toys for the wealthy.” As were the computers on which they type such complaints. I do think that, that some people, and particularly Virgin, overhype point to point. And it’s not clear what Virgin’s path is to either that or orbit with their current vehicle design. It doesn’t scale well with velocity.