Billy Connolly – on swearing

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The Greens versus “Big Oil”

Watts Up With That?

Guest essay by Russell Cook

If you are an enviro-activist with access to lawyers and mega-money who believes that catastrophic anthropogenic global warming (CAGW) is caused by evil fossil fuel industries who ignore this harm to humanity to protect their profits, you don’t simply whine about this problem, you file giant lawsuits against those industries.

This already happened in three major global warming nuisance cases: Connecticut v. American Electric PowerComer v. Murphy Oil, and Kivalina v. Exxon.  More recently, New York state attorney general Eric Schneiderman joined with 19 or so other state attorneys general to hold ExxonMobil accountable for supposedly knowing about the harm of it for decades while failing to tell its shareholders about it.

However, Schneiderman has suffered setbacks ranging from faulty evidence to withdrawn subpoenas, and the three global warming nuisance cases have fallen apart.  The Supreme Court dismissed Connecticut v. AEP

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The paradox of tolerance

tolerance

 

The Logical Place

The paradox of tolerance arises when a tolerant person holds antagonistic views towards intolerance, and hence is intolerant of it. The tolerant individual would then be by definition intolerant of intolerance.

Philosopher Karl Popper defined the paradox in 1945 in The Open Society and Its Enemies Vol. 1. [1]

“Less well known is the paradox of tolerance: Unlimited tolerance must lead to the disappearance of tolerance. If we extend unlimited tolerance even to those who are intolerant, if we are not prepared to defend a tolerant society against the onslaught of the intolerant, then the tolerant will be destroyed, and tolerance with them.”

He concluded that we are warranted in refusing to tolerate intolerance:

“We should therefore claim, in the name of tolerance, the right not to tolerate the intolerant.”

In 1971, philosopher John Rawls concludes in A Theory of Justice [2] that a just society must tolerate the intolerant…

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Higher Tax Rates = Fewer Superstar Innovators

International Liberty

I shared some academic research last year showing that top-level inventors are very sensitive to tax policy and that they migrate from high-tax nations to low-tax jurisdictions.

Now we have some new scholarly research showing that they also migrate from high-tax states to low-tax states.

Let’s look at some of the findings from this new study, which was published by the Federal Reserve Bank of San Francisco. We’ll start with the issue the economists chose to investigate.

…personal taxes vary enormously from state to state. These geographical differences are particularly large for high income taxpayers. …the average tax rate (ATR) component due solely to state individual income taxes for a taxpayer with income at the 99th percentile nationally in 2010…in California, Oregon, and Maine were 8.1%, 9.1%, and 7.7%, respectively. By contrast, Washington, Texas, Florida, and six other states had 0 income tax. Large differences are also observed in…

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