…”I’ll see you in Hell.”
Category Archives: Economics
Paul Ryan’s “Unusual Ideology”
Charles Cooke dismantles Ezra Klein’s latest pretense at pragmatism:
Tellingly, Klein refers to “Ryan’s unusual ideology.” Unusual? Does Klein mean to suggest that not spending trillions that we don’t have is “unusual”? Does he mean that how America has worked for most of its history — and pretty well, thank you — is “unusual” now that it’s 2013? That notions of community doing things that government should not are “unusual”? I wonder. And what should we make of that “ideology” word? This dismissal is particularly telling, not because Ryan isn’t ideological — he is — but because so is Ezra Klein. So is everyone. Anyone who privileges one value over another (liberty over security, or growth over redistribution, for example) is an ideologue. Anybody who believes in any individual right whatsoever is an ideologue. Anyone who believes in any form of equality is an ideologue. Klein’s reaction betrays an arrogant, rotten worldview — widely shared among his ilk. Are we really expected to buy that doing the opposite of Ryan’s plan isn’t “ideological”? That there’s no ideology behind the status quo? That there’s nothing but reason behind what Klein and his acolytes wish would happen? That Klein’s desired path for America is based on pure analysis?
This conceit of the Left should be based at every opportunity. If there was a non-ideological pragmatic candidate in the last election, it sure wasn’t Barack Obama. Mitt Romney filled that bill much more, which was one of his problems, in fact.
The Green Facts Of Life
Matt Ridley explains why the use of fossil fuels is making the planet greener. It’s eighteen minutes, but worth it.
The Golden Era Of Antibiotics
May be coming to an end:
My generation is only the second to live its entire lifespan in the age of antibiotic miracles. My grandparents were born into a world where the son of the President of the United States could die from an infected blister he got while playing tennis without socks. It was a world where almost everyone over the age of 60 who got pneumonia died (hence it’s moniker: “the old man’s friend”.) Where surgery was a deadly risk and deaths from childbirth were all too common.
Most of the lurid abortion statistics that you hear about hundreds or thousands of women dying every year from illegal abortions come from that era too; while the number of deaths was undoubtedly elevated by unsanitary conditions at back-alley abortionists, even abortions in hospitals would have been extraordinarily risky, because the risk of infection could never entirely be eliminated. Most of the decline in deaths from abortions actually came before the Roe decision, and the timing makes it clear that this was mostly due to antibiotics, with a small assist from better blood banking. All of which is to point out that in a world without antibiotics, you’d have to think real hard before undertaking any sort of elective invasive procedure.
For my parents’ generation, it was normal to lose cohorts while growing up — for mine, it was unusual. It wasn’t just antibiotics, of course — it was also vaccines. Mine was the first generation to not have to worry about polio. But for antibiotics at least, those days may be coming to an end, and we may have to look at other (perhaps nanotechnological) solutions to killing bad bugs. Or return to the bad old days. This is a rare area, in fact, where I think that government spending should be increased.
Climaquiddick 3.0
The password has been released:
If someone is still wondering why anyone would take these risks, or sees only a breach of privacy here, a few words…
The first glimpses I got behind the scenes did little to garner my trust in the state of climate science — on the contrary. I found myself in front of a choice that just might have a global impact.
Briefly put, when I had to balance the interests of my own safety, privacy\career of a few scientists, and the well-being of billions of people living in the coming several decades, the first two weren’t the decisive concern.
It was me or nobody, now or never. Combination of several rather improbable prerequisites just wouldn’t occur again for anyone else in the foreseeable future. The circus was about to arrive in Copenhagen. Later on it could be too late.
Most would agree that climate science has already directed where humanity puts its capability, innovation, mental and material “might”. The scale will grow ever grander in the coming decades if things go according to script. We’re dealing with $trillions and potentially drastic influence on practically everyone.
Wealth of the surrounding society tends to draw the major brushstrokes of a newborn’s future life. It makes a huge difference whether humanity uses its assets to achieve progress, or whether it strives to stop and reverse it, essentially sacrificing the less fortunate to the climate gods.
We can’t pour trillions in this massive hole-digging-and-filling-up endeavor and pretend it’s not away from something and someone else.
If the economy of a region, a country, a city, etc. deteriorates, what happens among the poorest? Does that usually improve their prospects? No, they will take the hardest hit. No amount of magical climate thinking can turn this one upside-down.
It’s easy for many of us in the western world to accept a tiny green inconvenience and then wallow in that righteous feeling, surrounded by our “clean” technology and energy that is only slightly more expensive if adequately subsidized.
Those millions and billions already struggling with malnutrition, sickness, violence, illiteracy, etc. don’t have that luxury. The price of “climate protection” with its cumulative and collateral effects is bound to destroy and debilitate in great numbers, for decades and generations.
Conversely, a “game-changer” could have a beneficial effect encompassing a similar scope.
If I had a chance to accomplish even a fraction of that, I’d have to try. I couldn’t morally afford inaction. Even if I risked everything, would never get personal compensation, and could probably never talk about it with anyone.
Anthony has already found a couple amusing bashes of Mann by his colleagues:
No justification for regional reconstructions rather than what Mann et al did (I don’t think we can say we didn’t do Mann et al because we think it is crap!)
But we do, don’t we?
I hope that history will view this person as a world saver.
Fossil Fuels
Gaia loves them:
In the end, Japan’s work in this field is good news. This is still a very new technology, and it is likely to become significantly safer the more we learn and study it. More R&D needs to go into the technology supporting offshore drilling for methane hydrates before we can seriously consider doing this, but the potential is certainly there.
The energy revolution just keeps getting better.
But it makes Baby JeebusAlgore cry.
Detroit
America’s future under continued Democrat rule.
And of course, as always, we get to play “Name That Party” with (Democrat) Kilpatrick.
My Corporate Dystopia
At its best, science fiction imagines a future that illuminates the present, but on the subject of the social role of the corporation, science fiction has long been backward-looking, out of touch with the reality it would analyze. The cultural imagination at large shares this error, though it is difficult to say how much this defect in science fiction is a result of the cultural error and how much it is the cause. But it would be difficult to overstate how deeply the specter of the villainous corporation shapes American political thought. The influence is more visible the farther to the left one moves along the political spectrum. Occupy Wall Street was probably at least as much influenced by science-fiction visions of corporate dystopias as it was by any kind of organized political thought. There were unmistakably Maoist elements to Occupy, but the sinister connotations of the very word “corporation” are by no means heard by only those ears attached to the addled heads of committed leftists.
Do Androids Dream of Electric Sheep? was set in 1992, Blade Runner in 2019, yet here we are, well into the 21st century, and there is still no colossal Tyrel Corporation bestriding the globe, and nothing like the corporate sovereignties of Jennifer Government. As myth, the corporate dystopia remains undiminished in its power. But the function of myths is to illuminate reality, and the reality is that there is no Tyrel Corporation today, and none on the horizon. If you want to know what the corporation of tomorrow looks like, don’t think Cyberdyne — think Groupon.
…The fetishization of the political through regulator-heroes such as Jennifer Government relies on the point-counterpoint of corporation and state; without the threat of the monolithic, immortal, all-powerful corporation hovering silently in the cultural background, the rhetoric and philosophy of (for instance) Elizabeth Warren is faintly ridiculous. Which is not to say it is entirely indefensible in every particular — Senator Warren is right in demanding to know, say, why nobody at HSBC has been charged with a crime as a result of the bank’s money-laundering case, which involved such worrisome entities as Mexican cartels and Saudi financiers of terrorism. (Senator Warren might think about addressing some of her questions to the president rather than browbeating his underlings at a politically safe arm’s length.) But the overarching narrative — if not for the far-seeing, brave, and selfless heroes of the political class, we’d end up living in the world of Jennifer Government — is a fantasy, and a childish one at that.
I’ve never understood the “progressive” mindset that fears big corporations more than it fears big government.
Five And A Half Trillion
That’s how much additional debt the nation has amassed since the Senate last passed a budget:
If you want a sense of just how massive the nation’s debt problem is, consider this: The U.S. added $226 billion in new debt in just the 35 days since President Obama missed the legal deadline to submit his budget.
That’s more than the government will spend this year on education, homeland security, law enforcement, housing aid, energy and the environment, combined.
A 1921 law requires the president to submit his budget plan to Congress on the first Monday in February, but Obama so far hasn’t produced one, and the White House says it won’t release its plan to get the nation’s deficits and debt under control until sometime in April.
Laws are for the little people. Hey, did I mention that the Senate was controlled by the Democrats that whole time?
SLS, The Backup System
This sort of stupidity is on a par with calling it an “insurance policy.” Dana has it right:
Last year’s request for this “back-up system” was more than 300% of the appropriated level of the primary system. By acting on this type of faulty logic, we have created a national debt as large as our GDP and still our nation refuses to take its foot off the deficit spending accelerator. SLS is unaffordable, and with relatively modest expenditures on specific technology development, we do not need a heavy lift vehicle of that class to explore the Moon, Mars, or near-Earth asteroids.”
Of course, it has nothing to do with “exploring” any of those places. It’s pork and workforce preservation.