Policy

There's Nothing Progressive About a Universal Basic Income

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‘Capitalists will sell us the rope with which we will hang them.’ This colourful quote, sometimes attributed to Lenin, could well apply to the many free-market ideologues and tech oligarchs in the US, who are now pushing for increased welfare payouts and even a universal basic income (UBI).  read more »

The Revenge of the Material Economy

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America’s narrow escape last week from a major rail-worker strike brought home an important truth: people who make and ship real things – let’s call them material workers – now hold the whip hand over our supposedly ‘post-industrial’ economy.  read more »

Environmentalism is a Fundamentalist Religion

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Today's climate activists resemble nothing so much as a religious movement, with carbon the new devil's spawn. The green movement is increasingly wedded to a kind of carbon fundamentalism that is not only not realistic but will reduce living standards in the West and around the world.  read more »

Can Space Save Earth?

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The world economy is in the doldrums, pessimism is rife around the world, and most young people, according to one survey, believe climate change means the end of human life on Earth.  read more »

Inflation Reduction Act Will Hinder EV Growth

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After his mandate to transition to electric vehicles (EVs), President Joe Biden then signed The Inflation Reduction Act (IRA) that requires EVs to contain a battery pack and other parts built in North America with minerals mined or recycled in America.  read more »

Subjects:

America Has An Oedipus Complex

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As in Sophocles’s tragedy Oedipus Rex, we are witnessing a generational drama in which inheritors kill their proverbial father to marry their mother, in this case Mother Earth. The psychology behind this pattern is above my pay grade, but many of the richest people on the planet, and their heirs, now seem anxious to disparage the economic system that created their fortunes.  read more »

The Democrats' New Climate BIll Abandons Green Zealotry

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The Senate has passed the Democrats' mega climate, health care and taxation bill along party lines and after much griping from Republicans.  read more »

Concrete Columns Cracked

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The first phase of the Honolulu rail transit system is supposed to open at the end of this year, with trains serving nine of the planned 21 stations. But those plans may be put on hold because  read more »

Banning Modern Agriculture and High Crop Yields?

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In just seven decades, America’s conventional (non-organic) farmers increased per-acre corn yields by an incredible 500% – while using steadily less water, fuel, fertilizer and pesticides – feeding millions more people.  read more »

Economists Don't See Flyover Country and Whole Economy Pays the Price

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We’re used to getting the short end of the stick out here in Flyover Country, whether it’s from a lack of regular news-media attention or from our vastly inequitable share of investments by venture capitalists.  read more »