Tag Archives: economics

Too much trust in the wrong government experts?

“When all this is over we’re going to look back and see who has had a good war and who has had a bad war; who called it right, who covered themselves in glory, who showed themselves to be an hysterical bedwetter, who placed too much trust in the wrong “experts”, and so on.” click here

Time to reconsider the COVID-19 shutdown?

“Financial markets paused their slide Thursday, but no one should think this rolling economic calamity is over. If this government-ordered shutdown continues for much more than another week or two, the human cost of job losses and bankruptcies will exceed what most Americans imagine. This won’t be popular to read in some quarters, but federal and state officials need to start adjusting their anti-virus strategy now to avoid an economic recession that will dwarf the harm from 2008-2009.” click here

What will be the cost of a great depression?

“Federal and state governments are making a massive gamble about a little-understood new virus. They may not only be betting our entire economy, but our nation’s future. Thus it’s imperative that they not make foolish choices.” click here

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Coronavirus recovery depends on building a stable economic base

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How many lives were (or will be) lost (or disability life-years lost) due to the consequences of the coronavirus economic shutdown?

“But here is a prediction: If the government can order society to cease functioning, from restaurants and other businesses to schools, due to a possible health disaster, it is highly likely that a Democratic president and Congress will similarly declare emergency and assert authoritarian rule in order to prevent what they consider the even greater “existential threat” to human life posed by global warming.” click here

Big business adopting net-zero policies are saying “We’ve made our $million and $billions on fossil fuel, but no one else can”

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“Pledging “net zero” by 2050 to achieve compliance with the Paris Agreement on climate change is all the rage in the corporate world. BP has announced that it will be a net-zero company – that is, maintaining a balance between emissions produced and emissions taken out of the atmosphere – by the designated date. During its “Beyond Petroleum” days in the 2000s, BP made massive bets on renewable energy, ending in large write-downs in 2011. The lesson: An oil company doesn’t become a renewable-energy company.” click here

Climate debate should be about science and economics

“Last year was the year the climate issue took a sharp turn towards extremism. Let’s hope 2020 is the year sanity makes a comeback.” click here