Category: economics

economics

The first greenie famine

The twentieth century was the century of the red famines.  Now, in the twenty first century, we are seeing the first greenie famine.  Let us hope it will not be the first of many. The red famines killed an extraordinary number of people during the twentieth century – famines caused in part by carelessness, in part by active malice as socialists sought to centralize all food under their direct control.  To some extent the red famines were intended to end …

economics

Oil peak

People fear to invest in coal to oil plants, for an improvement in the security of property rights in oil rich countries could cause a huge drop in the price of oil.

economics

“Brutally Honest” goes pinko

“Brutally Honest” complains that Christianity is immoral because it does not hate capitalism enough – no of course that is not what he complains. He complains Christianity is immoral, because it teaches that God gave us the world, and commanded us to be fruitful and multiply, to take dominion over the world, to fill it and subdue it. He is worried that we are going to run out of oil, and there will be no oil left for our children. …

economics

Escalating prophecies of doom

When prophecies of doom are not working out, the first reaction is to escalate them: Ted Turner tells us: We will be eight degrees hotter in thirty or forty years, and basically none of the crops will grow, most people will have died, and the rest of use will be cannibals, civilization will have broken down. Over past millenia, global temperatures have risen and fallen several degrees. A few thousand years back, hippos and crocodiles basked in the warm waters …

economics

Commodity derivatives: the new currencies

E-gold, which I thought would save the world, turned out to be something of a bust, with essentially zero use in real internet commerce, but “unenumerated reports” that we are seeing the financial markets going into commodity based fractional reserve monies in a big way, many trillions of dollars.   Still, you cannot pay for your we hosting or cell phone minutes with commodity based monies.  These moneys are for big deals, and only big deals.  The revolution begins when you …