Relevant and even prescient commentary on news, politics and the economy.

Betting on climate change

Believe it or not, there are still some folks who think climate change is a hoax. How many are financially invested in that belief, I don’t know. I do know that folks who are currently in the business of making money in the insurance industry *do* believe that climate change is real. They’re no longer […]

That’s one small step for carbon capture

The existential crisis of our time is global warming. The planet is already in deep trouble, with polar ice melting, permafrost thawing, sea level rising, increased desertification and more violent storms. The hour is late. “The quest for net zero needs to be fought on many fronts. You have your vanguard offense: simply reducing the […]

The totally predictable economics of climate change

Back when we were grad students at UNC-Chapel Hill from 1977-82, my wife and I made several trips to the Outer Banks. One reason was to visit her uncle and his family, who lived in Buxton, just north of Hatteras lighthouse. What struck me then was how many people lived in homes on the coast […]

Eliminating taxes on Social Security is a bad idea

Normally, a sentence that begins “Donald Trump says . . . “ is not worth finishing, and that’s how a recent blog post over at jabberwocking.com begins. But finish it I did, and it turns out that DJT says he wants to eliminate all federal income taxes on Social Security. Currently, if SS is your […]

Bernie is wrong on Social Security

I like Bernie Sanders for many reasons, but this isn’t one of them: “As a result of those challenges, Sanders wants to see more Democrats vocally get behind measures like . . . removing the cap on Social Security taxation so the wealthy pay a full share of their income into the program.” This is […]

California and the war on rooftop solar

About ten years ago, we had 22 solar panels installed on the roof of our St. Louis house. Half the cost was paid by Ameren, the electric utility, and we got a 30% tax rebate on the balance. But even with reversible metering, we hadn’t made back our cost when we sold the house two […]

Northeastern University, a business model for change

It is a common trope that university faculty don’t understand or live in “the real world.” This always tickled me. The unemployment rate for college grads has always been lower than for those without a degree, I guess university faculty do know a thing or two about the real world, since they can train students […]

The business model for higher ed is evolving

In my lifetime, I’ve seen plenty of changes. The business model for recorded music (LPs, 8-tracks, cassettes, CDs, streaming), the business model for movies (theaters, Blockbuster, online), the business model for cameras (film SLRs, digital SLRs, mirrorless), the model for lecture presentations (live with chalkboard, live with overhead projector, live with Powerpoint, online recorded) all […]

Careful what you eat

I grew up in East Tennessee in the 1960s. Fish was something that came in breaded rectangles out of the freezer. Growing up Roman Catholic, it’s what was for dinner on Friday. I never cared for fish back then. We honeymooned in Charleston SC (“where the Ashley and Cooper rivers meet to form the Atlantic […]