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Nash Foster
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MC Hacksalot
MC Hacksalot

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Myron Ebell's press briefing in London got a snarky treatment in Breitbart, an article in Newsweek, The Hill, and Jezebel. That's basically it in the American press. Nothing in the Times, nothing in WaPo. If you want to understand the Trump Administration's perspective on the environment, this is an hour of video that's absolutely worth watching.

Choice quote:

"I think that the rejection by the American people of what they're told by the bi-coastal urban elite, or the 'chattering classes', is not an isolated phenomenon. The people of America have rejected the 'expertariat.' And I think for good reason, because I think the 'expertariat' have been wrong about one thing after another, including climate policy."

"The environmental movement is the greatest threat to freedom and prosperity..."

tl;dw: Under Trump, the EPA is very likely to be completely restructured with a significantly reduced operational mission focusing on pass-through grants to the states. The Trump Administration does not believe the carbon emissions are a threat that requires policy response. Subsidies to inefficient energy investments like solar and wind are likely to be cut by Congress.


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Every manager and executive in America should listen to this talk.

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This Keen guy is growing on me.

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http://economics.mit.edu/files/12154 - This seems like a really fine paper, though I must admit to being disappointed about the result. Capital flight? If the rewards of increased productivity were spent back into the economy at the place where the productivity was gained, then it seems like there ought to be increased demand for labor in other areas that compensates for the downward push. If the returns just end up saved on corporate balance sheets, then these anti-labor effects make perfect sense.

Is there a blockchain-based way to implement currency that rests on proof-of-labor or something? I don't see how you solve any of our current economic problems without taking the money creation function away from banks, but I also don't see many interesting suggestions for what else to do. UBI is a complete mess of tragic incentives.

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