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Category Archive for 'Economic Illiteracy'

The Earth was not created and does not change just so that humans are comfortable. The entire human challenge is to figure out ways to remain resilient in the presence of a hostile planet, and to make ourselves as adaptable to what the Earth has to offer us. That means in other words that the […]

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A single dose malaria cure. #GlobalWarmingCatastrophe

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I’ve long maintained that we ought to respect people and their ideas in the most charitable light possible. At first, of course. But when naked cluelessness or malefescence is apparent, all bets are off.┬áI’ve also long maintained that one of the “markers” of someone who is talking about religion and not economics, is to see […]

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The “U.S.”

We like to anthropomorphize it, so please indulge me for a moment. “The U.S.” PRODUCES about 1/4 of the total income of the entire world, but it only has about 1/20th of the world’s population.

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Story is here. Note, too, that this is an “agreement” which means it will not actually be enforced. My prediction: emissions will fall despite this “agreement” not being enforced, and policymakers will take credit for the incredible progress “they’ve” made. But this is undeniably great news for Americans and energy poor people around the planet. […]

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If the income and wealth of every single American were to double over the next decade in REAL terms, then in a decade, the amount of measured poverty would remain unchanged. You’d also very likely see no change in inequality according to the way most people talk about it, i.e. “the income share of the […]

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Seen at the climate march in New York this weekend:   If we believe this sign, then we surely don’t need to worry about Climate Change. You see, there was LOTS for me to learn from the latest climate┬árevival. The science, it seems, IS settled.

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The Huffpo and the minimum wage cheerleaders have now gone off the deep end. If you simply SAY that someone “demolishes” a classic argument, does that make it so? And just look at how uber-sophisticated and intelligent that post is. WHAT classic argument? It’s not like anyone tells us. Is it the classic moral argument […]

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I lifted this from the end of my previous post: Why on Earth would anyone be “worried” about this? Prices adjust. Entrepreneurs respond. Unless of course one can’t help but think that everything good in the world comes as a result of conscious policy choices. Drive around Rochester and there are already quite a few […]

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Anything for a Buck?

Was walking in front of a shop the other day when I saw a pretty tacky piece of memorabilia for sale. Even my own initial response was, “anything for a buck!” So what? I think I should have changed my sentence to, “someone somewhere thought a customer might be willing to give me more of […]

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