The latest (and renewed) Afterburner from Bill Whittle.
Category Archives: Economics
Does CO2 Cause Warming?
…or does warming cause CO2?
Darn that pesky “correlation is not causation” thingie.
[Update a few minutes later]
This seems sort of related — does iron-rich dust cause ice ages?
The thinking goes that, during warm periods, much of the Southern Ocean is an oceanic desert because it lacks the iron crucial for plankton growth. That changes at the start of ice ages, when a wobble in the planet’s orbit causes an initial cooling that dries the continents, generates dust storms – particularly in central Asia – and sends dust onto the surface of the Southern Ocean.
The plankton that then bloom take the carbon they need from the water, causing the oceans to absorb carbon dioxide from the atmosphere to compensate. This cools the atmosphere further, creating yet more dust-producing regions, and the cycle continues, sinking Earth into an ice age.
When the planetary wobbles, known as Milankovitch cycles, eventually choke off the cooling, the feedback goes into reverse: continents warm, dust storms subside, the Southern Ocean is starved of iron, and CO2 levels in the atmosphere rise again.
Emphasis mine.
Count Me In
Rasmussen says that almost 70% of adults think that scientists have been falsifying data in climate change research. A bit of good news amidst the coming economic apocalypse.
First They Came For The Lemonade Stands
Why business isn’t hiring. Everyone is talking about government spending these days, but Iain Murray is trying to get them to think
A Societal Sea Change
The Smurfs have thrown in the towel and given up on communism.
Big-Government Morality
Thoughts from Timothy Dalrymple:
One of the great difficulties of this issue, for Christians, is that the morality of spending and debt has been so thoroughly demagogued that it’s impossible to advocate cuts in government spending without being accused of hatred for the poor and needy. A group calling itself the “Circle of Protection” recently promoted a statement on “Why We Need to Protect Programs for the Poor.” But we don’t need to protect the programs. We need to protect the poor. Indeed, sometimes we need to protect the poor from the programs. Too many anti-poverty programs are beneficial for the politicians that pass them, and veritable boondoggles for the government bureaucracy that administers them, but they actually serve to rob the poor of their dignity and their initiative, they undermine the family structures that help the poor build prosperous lives, and ultimately mire the poor in poverty for generations. Does anyone actually believe that the welfare state has served the poor well?
It is immoral to ignore the needs of the least of these. But it’s also immoral to ’serve’ the poor in ways that only make more people poor, and trap them in poverty longer. And it’s immoral to amass a mountain of debt that we will pass on to later generations. I even believe it’s immoral to feed the government’s spending addiction. Since our political elites have demonstrated such remarkably poor stewardship over our common resources, it would be foolish and wrong to give them more resources to waste. What we need our political leaders committed to prudence and thrift, to wise and far-sighted stewardship, and to spurring a free and thriving economy that will encourage the poor and all Americans to seize their human dignity as creatures made in the image of God, to be fruitful and take initiative and express their talents and creativity.
Fat chance of that. Not enough opportunities for graft.
Real Monopoly
Why, when the game was first released in the 1930s, did people all over the world make an almost cooperative decision to drop the auction? (A decision that is especially puzzling given that it makes for a worse game).
Well I puzzled over this for a long time until my friend Becky – who along with her husband Darrell is something of a board games geek – supplied what I’m pretty sure is the answer. We, gamers as we are, might think a game featuring lots of inter-player shafting is superior to one without. But Monopoly is, and always was, played not by gamers, but by families; and inter-player shafting is liable to cause all sorts of upset.
This is actually frustrating, because (if I remember my history correctly) the game was originally intended to help teach about capitalism and free markets. By crippling the game in this way, it makes it much more about luck, which feeds into the notion that winners must “help out” the losers, because they have no control over their fates, thus feeding into the socialist impulse. That is, to use Dick Gephardt’s unfortunate phrase of a few years back about “life’s lottery,” it encourages fatalism and wealth redistribution, instead of initiative.
In any event, even if the real thing isn’t great for family and friends, gamers at least should play it seriously.
[Via Geek Press]
On The Radio
I’m supposedly going to be on the Tim Aalders show in fifteen minutes or so, to discuss taxes and tax rates.
The Real Story Of The Debt-Limit Fight
It’s not about a Tea-Party Victory, but the death of the socialist left:
Most pundits are crediting this U-turn to the political muscle of the Tea Party and it’s true that President Obama would never have agreed to this deal if the Tea Party Republicans in the House of Representatives hadn’t engaged in the brinkmanship of the past few weeks. But to focus on the Tea Party is to ignore the tectonic political shift that’s taken place, not just in America but across Europe. The majority of citizens in nearly all the world’s most developed countries simply aren’t prepared to tolerate the degree of borrowing required to sustain generous welfare programmes any longer.
Let’s hope, though socialism is driven by innate human traits, primarily laziness and envy (and to be fair, misplaced compassion), so it will always rear its ugly head as long as we remain human.
[Update a while later]
Was this Obama’s “read my lips” moment?
And so we have the best of both worlds politically: a deal that leaves the Tea Party unsatisfied and therefore fired up for the next battles and election cycle, and a demoralized liberal base that can’t come to grips with the fact that socialism is over because we’ve run out of other people’s money…
Is it almost the end of the beginning?
The Consequences Of Default
…are too horrifying to contemplate, but Iowahawk contemplates them anyway. Avert thine eyes.