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Today Contemplation: Collapse Cometh CI–Theory Is Great, In Theory: More On Our ‘Renewable’ Energy Future
Today Contemplation: Collapse Cometh CI February 13, 2023 (original posting date) Monte Alban, Mexico (1988). Photo by author. Theory Is Great, In Theory: More On Our ‘Renewable’ Energy Future Quite often I get involved in online discussions with others about our predicament(s). Most of the time these are quite friendly in nature and a sharing of ideas […]
How the Shadow Government works: Privacy vs Secrecy
How the Shadow Government works: Privacy vs Secrecy (Global Intel Hub 4/14/2020 – Charlotte, NC – ) Now that we are all homebound only to rely on ‘official’ sources of information as to what’s going on, a deep dive into the shadow government is called for; what it is, and what role it plays in COVERT-19. As […]
Does it Matter Whether Assumptions in Economics are Arbitrary?
DOES IT MATTER WHETHER ASSUMPTIONS IN ECONOMICS ARE ARBITRARY? Various assumptions employed by mainstream economists appear to be of an arbitrary nature. The assumptions seem to be detached from the real world. For example, in order to explain the economic crisis in Japan, the famous mainstream economist Paul Krugman employed a model that assumes that […]
When Did Global Warming Theory Begin?
When Did Global Warming Theory Begin? Back in 1967, the International Global Atmospheric Research Program was established, mainly to gather data for better short-range weather prediction, but included climate. The following year, this was the beginning of biased studies which suggested that a possibility of a collapse of the Antarctic ice sheets would raise sea levels catastrophically. […]
What Should Be the Criteria for Model Selection?
WHAT SHOULD BE THE CRITERIA FOR MODEL SELECTION? In order to make the data “talk,” economists utilize a range of statistical methods that vary from highly complex models to a simple display of historical data. It is generally held that by means of statistical correlations one can organize historical data into a useful body of […]
Rationalizing ‘Rational’
RATIONALIZING ‘RATIONAL’ Walter W. Heller was said to have been an “educator of Presidents.” As an economist and Presidential advisor in the inner circles of DC, Heller worked with more candidates and officeholders than perhaps any other man. As he himself described, his influence went all the way back to Adlai Stevenson and kept on […]
Sometimes You Just Have to Go With the Flow When Nothing Flows
Sometimes You Just Have to Go With the Flow When Nothing Flows The central banks are clueless and have no control over the economy. This whole thing reminds me of Australia. I loved going into the Outback, driving through rivers, and seeing ant hills that were taller than the Jeep. I was invited to go […]
Learning Without Theory
Learning Without Theory CAMBRIDGE – How can we improve the state of the world? How can we make countries more competitive, growth more sustainable and inclusive, and genders more equal? One way is to have a correct theory of the relationship between actions and outcomes and then to implement actions that achieve our goals. But, […]
The Science of Peak Oil
The Science of Peak Oil One of the many barbs often pointed at peak oil proponents is that they are constantly shifting the goal posts. Peak oilers are accused of changing the definition of what peak oil actually means, therefore the entire concept of oil production peaking is rubbish. Far from a valid criticism however, this […]
