Utopia, you are standing in it!

“Modern Monetary Theory,” a doctrine about fiat money, has captured the attention of some reformers and progressives. This doctrine – a set of propositions contrary to logic and evidence – purports to explain why the US and other economies are ailing, but is beset by contradictions with the historic facts and within the doctrine.

For example, The New Inquiry on 11 April 2014 featured an article by Rebecca Rojer on “The World According to Modern Monetary Theory.” The author regards it as a revelation of MMT that the “rules of money are not immutable laws of nature.” Since the science of economics explains the effects of incentives and decisions, evidently these money “rules” are the outcomes of private and governmental decisions, and since the effects are not immutable laws, people can arbitrarily create whatever outcomes they wish. That would indeed be wonderful, to just print money are thereby eliminate unemployment…

Sydney Harbour Sea Levels 1886-2018 | CLIMATISM

“CLIMATE alarmism is a gigantic fraud:
it only survives by suppressing dissent and by spending
tens of billions of dollars of public money
every year on pseudo-scientific propaganda.”
– Leo Goldstein

***

SEA-LEVEL RISE alarmism is just one in a long line of propaganda tools used by the Climate Crisis Industry to promote the narrative that human CO2 emissions are causing dangerous global warming climate change.

VERY little of the carefully orchestrated fear-mongering is based on observed reality and empirical evidence, rather, worst-case climate model scenarios pushed into the unaccountable future, designed to scare you and policy makers into (costly) “climate action now!”.

SEA level alarmism holds significant implications for the public who bear the burden of carbon-dioxide related taxes. Those living within coastal areas, constrained by further punitive imposts as insurance companies exploit the climate of fear for their own profit.

SEA…

STT will keep smashing the line about giant batteries overcoming the chaotic delivery of wind and solar, while RE zealots keep pushing it.

Over recent posts we focused on the insane cost and limited capacity of giant lithium-ion batteries of the kind peddled by reefer-smoking Californian carpetbagger, Elon Musk (see above and our post here).

In this post, we hand over to Jack Ponton for a dissertation on the whole range of purported storage methods claimed by those peddling wind and solar as solutions to the hopeless intermittency of wind and solar.

Jack Ponton is Emeritus Professor of Engineering at the University of Edinburgh, a fellow of the Royal Academy of Engineering and of the Institution of Chemical Engineers (of which he is a past vice-president). His main research work was in mathematical modelling of complex engineering phenomena and software development. He has also worked in and with the chemical industry on a…

What could be more timely, than a review of this book?  The good professor takes us through a brief explanation of the Austrian theory of the business cycle and then examines the Great Depression of 1929.  The particular focus of this work is 1929 and Hoover’s response to the Depression.  In brief the thesis is:

Henry VII was the King of England and Lord of Ireland from his seizure of the crown on August 22, 1485 to his death on April 21, 1509. He was the first monarch of the House of Tudor. Henry VII was born at Pembroke Castle on January 28, 1457 to Margaret Beaufort, Countess of Richmond, and Edmund Tudor, 1st Earl of Richmond, who died three months before his birth. Henry inherited his father’s title at birth and became the 2nd Earl of Richmond.

Henry VII, King of England, Lord of Ireland

When Henry Tudor won the crown in August 22, 1485 by defeating Richard III at the Battle of Bosworth Field his right or claim to the throne was tenuous at best and at its worst his claim was nonexistent.

His descent from John of Gaunt gave Henry Tudor a weak claim to the throne. This claim was through John…

Over the past three years I’ve written about research, mostly by Tim Caro’s group, dealing with the perpetual question: “Why do zebras have stripes?” (See earlier posts here, here, and here.) There used to be lots of hypotheses, including confusing predators like lions, aiding thermoregulation, camouflaging these equids, keeping groups together, and so on, but research has demolished these hypotheses one by one (for example, striped animals are no more camouflaged to predators than are solid-colored animals.)

Rather, evidence has been accumulating that stripes help deter biting flies, particularly tabanid flies (horseflies) and tsetse flies that not only draw blood but, more dangerously, carry disease that can kill zebras. It’s been shown, for instance, that the ranges of striped equids all fall within the ranges of biting flies, and that these flies can carry diseases like equine influenza, African horse sickness, equine infectious anaemia, and trypanosomiasis, all…