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.”
Judith Curry disagrees with Kerry Emanuel on now to evaluate climate risk.
Alan Boyle has a story on today’s hoped-for test of first-stage recovery by SpaceX.
[Update a few minutes later]
Amanda Wills interviewed Elon last night.
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.
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.
If this really happens, I’d definitely want to pull up stakes and head across the border to Orange County.
Is it on the critical path to Mars?
I think so, if we’re serious about Mars. I think that Phobos and Demos are as well.
[Noon update]
Russian official: “We are coming to the moon, forever.”
But Congress would rather build big rockets.
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.
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.
Even NPR is starting to figure it out.
But note, that, as with climate “science,” dissenters have trouble getting published when they have actual science in opposition to the “settled” science in nutrition:
“Fat was really the villain,” says Walter Willett, who is chairman of the department of nutrition at the Harvard School of Public Health. And, by default, people “had to load up on carbohydrates.”
But, by the mid-1990s, Willett says, there were already signs that the high-carb, low-fat approach might not lead to fewer heart attacks and strokes. He had a long-term study underway that was aimed at evaluating the effects of diet and lifestyle on health.
“We were finding that if people seemed to replace saturated fat — the kind of fat found in cheese, eggs, meat, butter — with carbohydrate, there was no reduction in heart disease,” Willett says.
Willett submitted his data to a top medical journal, but he says the editors would not publish his findings. His paper was turned down.
“There was a lot of resistance to anything that would question the low-fat guidelines,” Willett says, especially the guidelines on saturated fat.
Willett’s paper was eventually published by a British medical journal, the BMJ, in 1996.
And that was almost twenty years ago, and the junk-science FDA guidelines that probably killed my father in the seventies remain pretty much in place.