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

2018 Arctic sea ice minimum

2018 Arctic sea ice minimum As I may possibly have mentioned once or twice before, I am a total nerd.  One of the web sites I watch is NSIDC’s site tracking arctic sea ice.  To be honest, I’m a little surprised that it is still functioning, since the Trump Administration believes that climate change is […]

Is the Ecological Salvation of the Human Species at Hand?

Is the Ecological Salvation of the Human Species at Hand? In “De-growth vs a Green New Deal,” Robert Pollin relies on the same blurring of distinctions that Robert Solow employed 46 years earlier in his condemnation of The Limits to Growth as “bad science.” Nicholaus Georgescu-Roegen pointed out Solow’s obfuscation in the article that inspired the term […]

Is the Ecological Salvation of the Human Species at Hand?

The July-August issue of New Left Review published an essay by Robert Pollin titled “De-growth vs. Green New Deal” in which he outlines his objections to what Peter Dorman affectionately refers to as “a suicide cult masquerading as a political position.” I have written a response to Pollin’s article, that I have submitted to NLR, […]

Changing Energy Costs

From a Department of Energy report entitled Revolution… Now; The Future Arrives for Five Clean Energy Technologies – 2016 Update a nifty graph: (click to embiggen) If the graph is remotely accurate, these are large cost reductions. Accompanying the graph is this verbage: Decades of investments by the federal government and industry in five key […]

High Gasoline Prices: Is Speaker Hastert a Socialist?

KLo suggests that Senator Kennedy is a socialist for telling Russert: And he ought to activate and call the Federal Trade Commission-which is basically a sleepy organization that has given an interim report in terms of price-fixing and gouging-he ought to get them off and have them working seven days a week, 24/7, to make […]

$70 Oil

The spot price for Cushing, OK WTI just hit $70 per barrel. Edit: Spot prices were briefly above $70 last year due to Hurricane Katrina. Click on graph for larger image. Dr. Nouriel Roubini suggests that $70 oil may have a significant impact on the US economy: ” … if oil prices were to drift […]

Liberalizing Mexico’s Natural Gas Industry is Not the Solution to the Immigration Issue

Lawrence Kudlow makes a good case that we should not close the borders. He hopes – as do I – that Mexico can foster its own economic development. After all, the CIA’s World Factbook reports Mexico’s per capita GDP at only $10,000. But he loses me with the following: When Fox took Mexico’s helm six […]

Dr. Robert Novak on the Lack of Global Warming

Max Sawicky is having some fun at the expense of George Will and Robert Novak. Novak writes: James E. Hansen, director of NASA’s Goddard Institute for Space Studies, has been telling the world that story for many years … Roy Spencer, a research scientist for the University of Alabama in Huntsville who disagrees with Hansen’s […]