During a dark Crypto winter the stark truth becomes starker. Crypto coins are not all the same: some have utility. Some do not. Even if the utility is a favoured gambler status (for example the practically worthless Shiba Inu coin - currently worth $0.00000810 which is not very much. You can hold 1,000,000 of these …
Category: Economics
Disaster Capitalism versus Green-Tech
The Desirability of Solar and Wind Energy Introduction: What is Disaster Capitalism? When profits rule the minds of political planners, it does not matter how far down the rabbit-hole of destruction society travels, the same dead-horse flogging is pursued until the inevitable result of ignored environmental destruction reduces available resources for those who do not …
Magical Thinking
Mathematics is concerned most often with certainties. If x plus y equals z, then 2x plus y equals zx. That sort of thinking is not arrogant, it is simply one way or the other. Magical thinking believes that given a few little tweeks you can make 2+2 equal what the hell you want it to …
Automation and the Dangers of Populism
Automation should allow us to extend and redefine productivity. Vending machines replace people in banks and for certain products. Banking is now more productive than ever but do we measure industry by how efficient it is or how many people it employs? Redefinition of goals - instead of 'job for life' for some it has …
Prejudice and Influence
No 10 defends the activities of Dominic Cummings, a right-wing promoter of extreme Brexit and source of this Government's most extreme ideas at the Science guidance body Sage, where two members have complained that Cummings has been more than an observer but has directed the course of discussion to suit his own pet theories. Hence, …
Is an economic crash imminent?
There are predictions of a recession, a belief that countries should be concerned about their irredeemable net values, the soaring unreality of printing currency so that your appearance can be stretched just a little bit thinner. The trouble with inflation is the reduction of value. The benefit of inflation is that there is enough to …
Tower in Flames
That the building industry thought that it was not risky to clad a high rise apartment block in flammable cladding is frightening enough. You may hope that it was mere oversight how many councils decided that the look of a building trumped the safety factors and not just clad their building in a pre-packaged instant …
Religion and Extinction
We are different to any other species in that we have evolved what we call economics, science of extending survival. Or is it a massive inter-generational war that the current political generation are guilty of, increasingly responsible for causing environmental collapse. Why do we measure progress by growth? When we solve that one, and measure …
The Greenhouse Treaty
China and America have agreed to targets for reduction in greenhouse gas emissions by 2025 for America, and 2030 for China. On the scale of problems, China is a significant player, with a much larger population competing for resources as economic growth strides into the greener parts, its lungs, pollution is rife, significant and horrendous …
Todays comments
A few Disturbing Trends with our comments in The Guardian: 7 Aug 2014 Boris Johnson's bid for parliamentary return in 2015 leaves Tories divided The true blue conservative denies they are running until the finish line is in view, their competitors unprepared, relaxed and busy elsewhere can then make a huffing and puffing dash for …