Water California, among many other places, is now in the grips of scarily intense drought. Yet, California still uses an awful lot of water. Golf courses and car-washes are obvious wasters, but agriculture is the thing that really sucks California dry. California as a whole diverts or pumps 43 million acre-feet of water each year… Continue reading Seven Things We Waste in Huge Amounts
Now and then I am forced to step back and realize that there are things in our modern economy, things we pass by every day and barely give a second thought, which are actually mind-bogglingly absurd. I’m serious; Caligula’s horse in the Roman Senate seems tame compared to some of this stuff. I happened across… Continue reading Corn to Burn
Easter Island is the Earth’s most remote inhabited island, 1,400 miles from its nearest island neighbor. At one time, though, a complex civilization existed there, as evidenced by the mysterious monuments they left behind — some of them weighing more than twenty tons. Yet when European explorers first arrived at the island in the 19th… Continue reading Look Upon My Works, Ye Mighty, and Despair!
Progress and Poverty-How Henry George Confronted Inequality from Robert Schalkenbach Foundation on Vimeo. Panel Discussion, “Progress and Poverty: Confronting Economic Inequity in America,” marking FDU Press publication of The Annotated Works of Henry George: Progress and Poverty, Volume II, edited by Francis Peddle and William Peirce with Alexandra Lough, with panelists Mary (Polly) Cleveland, environmental economics, Columbia University,… Continue reading Progress and Poverty: Confronting Economic Inequity in America
This is an introductory slide show explanation of land’s role in the business cycle.
Things must be getting pretty dull when the Fed’s interest rate report tops the headlines, but there it was: front-page hoopla over Chairman Bernanke’s bold announcement of a sweeping new strategy. Interest rates will remain very low indeed, he said, until unemployment goes below 6.5 percent. Well, Shoot Me Now. While I gather my thoughts… Continue reading The Ball and Chain Economy
An editorial in the New York Times recently expressed concern over cyber-attacks being perpetrated by Chinese hackers against United States military, business and industrial computer systems. The editorial suggested that the US and Chinese governments try to quickly come to terms with this problem, perhaps by a negotiated agreement for fighting spam and malware. Of course, the United… Continue reading The Ultimate Cyberweapon