Socialism Is Bad for the Environment

By Shawn Regan – Re-Blogged From National Review

And markets are much better

As the Soviet Union began to collapse, the socialist economist Robert Heilbroner admitted that central planning had failed economically but said we needed “to rethink the meaning of socialism.” Now it was the thing that had to emerge if humanity was to cope with “the one transcendent challenge that faces it within a thinkable timespan.” Heilbroner considered this one thing to be “the ecological burden that economic growth is placing on the environment.” Markets may be better at allocating resources, Heilbroner thought, but only socialism could avoid ecological disaster.

A metalworking plant in Chelyabinsk, USSR, 1991 (Peter Turnley/Contributor/Getty Images)

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Monetary Innovation In The Ancient World

By Keith Weiner – Re-Blogged From Silver Phoenix

We think we are the only generation to be smart. In the 19th century, they did not have the internal combustion engine. In the 18th century, they did not have the railroad. In the 17th century, they did not have the piano. So, most people assume, they were dumb. They did not know about smart phones, so they would not have understood anything. Such as money.

So let’s tell the story of the ancient city of Orinthus. They were innovators in money, millennia ahead of their time…

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Division of Labor

Orinthus was inhabited by the first people to settle down with agriculture and fishing. Soon, a new class of evolved: those who crafted goods out of riverbank clay, animal hides, and even stone quarried from the local hills. With the advent of real production and trade, they soon discovered it’s terribly inefficient if the guy who made leather needed to find a fisherman who needed shoes whenever he was hungry. They realized they needed money.

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Greenland Is Way Cool

By Willis Eschenbach – Re-Blogged From WUWT

As a result of a tweet by Steve McIntyre, I was made aware of an interesting dataset. This is a look by Vinther et al. at the last ~12,000 years of temperatures on the Greenland ice cap. The dataset is available here.

Figure 1 shows the full length of the data, along with the change in summer insolation at 75°N, the general location of the ice cores used to create the temperature dataset.

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“Scientists” Determine That the Worst Year in Human History Was… 536 AD.

By David Middleton – Re-Blogged From WUWT

From the American Association for the Advancement of Science! in America:

Why 536 was ‘the worst year to be alive’

Ask medieval historian Michael McCormick what year was the worst to be alive, and he’s got an answer: “536.” Not 1349, when the Black Death wiped out half of Europe. Not 1918, when the flu killed 50 million to 100 million people, mostly young adults. But 536. In Europe, “It was the beginning of one of the worst periods to be alive, if not the worst year,” says McCormick, a historian and archaeologist who chairs the Harvard University Initiative for the Science of the Human Past.

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Climate Change and Fear of Change are Natural Conditions Easily Exploited Because People Don’t Understand Amount and Extent of Change

By Dr. Tim Ball – Re-Blogged From http://www.WattsUpWithThat.com

Richard Hooker explained,

“Change is not made without inconvenience, even when from worse to better.”

People know change occurs. They also know it always has and always will. They know that when it occurs everyone is inconvenienced as Hooker observed and some gain and some lose. They fear change because they might be in the loser group but don’t know.

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WAITING FOR THE NEXT CARRINGTON EVENT

Re-Blogged From http://www.SpaceWeather.com

In Sept. 1859, the sun unleashed a series of solar flares so powerful that telegraph offices caught fire and auroras were seen as far south as Cuba. Known as the Carrington Event, this iconic solar storm is a touchstone for discussions of extreme space weather.

Could it happen again? In a paper published May 10th, researchers from the University of Birmingham use Extreme Value Theory to estimate the average time between “Carrington-like flares.” Their best answer: ~100 years. In other words, we may be overdue for a really big storm. Read the original research here.

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