The belief that climate change will have minimal economic impact is dangerously flawed. Imagine a factory. It relies on energy and raw materials. Now, picture that factory in a world where climate change disrupts energy supplies. Suddenly, the factory can't produce as much. That's not just a minor hiccup. It's a major economic blow. Economists like William Nordhaus assume that 85% of the U.S. economy is unaffected by climate change. This is like saying a ship can sail...

I lost interest in football after high school. Although college athletes were ostensibly amateurs, the perks they enjoyed, above and beyond full scholarships, made them more like professionals than your average college student. And there were regular recruiting scandals to back up that perception. Now that all that financial compensation is above board, those “student-athletes” are basically professionals. I attended SEC schools for college. Indeed, I...

But for a few coincidences in Life, this is probably what I would have been doing. More than likely, I did not have the vision Wright or the others studying with me. I found my niche elsewhere. One can dream, can’t they? It is an interesting piece by Lloyd. It would be fun just to tour these homes. Lindal Cedar Homes gives Frank Lloyd Wright’s Usonian homes a second life by Lloyd Alter Carbon Upfront Lindal Cedar Homes has teamed up...

I spent some time today adding to this piece in the hope of making it clear in explanation. What is occurring is many entities are using software which compares its pricing to what the market will bear. No one knows the others adding their data. However, the end result is what is being charged is particular markets for similar products. So, companies adjust their pricing. We’re Entering an AI Dystopia, by Rogé Karma The Atlantic If...

Milwaukee is developing the world’s tallest timber tower . . . again | CNN Commenter Bob Michaelson recently posted on Joel Eissenberg’s post Getting High on Wood . . . What Bob was pointing to in his comment was Milwaukee, WI build of another Timber Tower skyscraper building type made of wood. Presently, a mass timber hybrid high-rise apartment building also in Milwaukee, Ascent MKE is a 284-foot, 25-story high-rise. It is the world’s tallest...

[unable to retrieve full-text content]Explore how the papacy’s war financing and the transformation of usury into interest reshaped Christianity and led to the rise of modern fiscal states and powerful banking families. The post Reshaping Christianity and the Modern State: A Journey from Usury to Fiscal Power first appeared on Michael Hudson.

Just finished reading an Economist article on education or the lack thereof in high schools. They are not picking on US high school but instead used an example of the short comings in England schools. I am older so definitely we were taught in a different manner. Learning vowels in grade or grammar school was a big deal. One of my short comings which I slowly picked up later in life. The topic and problems of education becomes clearer in the...

Wage Growth Is Not a Myth!

Peat bogs capture much more carbon per acre than forests. Currently, peatlands store twice as much carbon as all the world’s forests . One problem is that they are being drained to free up the land. (also but I think less importantly peat and non-rotten sphagnum moss are harvested for gardening). Various sources (most or all of which seem to be advocacy organisations – yes there are pro-bog advocacy organizations) claim that this causes 10% of global...

 – by New Deal democrat My detailed “Weekly Indicators” post is up at Seeking Alpha. There were two noteworthy events this past week. First, the 10-year minus 2-year Treasury spread briefly normalized during the week, on Wednesday, and ended the week only inverted by 1 basis point (.01%). Second, almost *all* of the coincident indicators are now positive. As usual, clicking over and reading will bring you up to the virtual moment as to the...