Economics

No Silver Bullet on Energy Issues

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With some energy literacy, folks may realize that there may not be a silver bullet answer for all of humanity’s energy needs. Whether you ultimately drive an internal combustion engine vehicle or an EV, and get exposed to electricity from wind, solar, coal, natural gas, nuclear, or hydro generation, will depend on you or your community’s wealth.

Most people in the world want both prosperity and nature, not nature without prosperity. They are just confused about how to achieve both.  read more »

The Looming Democrat Civil War

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The Democratic Party has always been a loose confederation of outsiders — poor farmers, union members, populists, European immigrants and southern segregationists. As the actor Will Rogers said in 1924: “I am not a member of any organised political party. I am a Democrat.” Yet despite being unwieldy, it was often effective, and usually beat the more homogeneous country-club-led Republicans.  read more »

Who Will Control the 21st Century? Whoever Controls Space

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It's impossible to predict the future. But one thing you can be sure of: few things will be more important to the lives of our children than who wins the emerging, epoch-defining struggle for control of space.

This is a battle just beginning over who will control the communication satellites so central to our economy, as well as the vast resources of other planets. But ultimately, the new space battle represents a war over opportunities for colonization, for an increasingly resource-stretched and crowded earth.  read more »

Historically Black and White Neighborhoods Share Opposition to Affordable Housing Apartment Complexes

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The Dallas Morning News editorial, A Blow to Affordable Housing, illuminates the opposition to the affordable housing apartment complex by the historically Black neighborhood, Hamilton Park. They are joined by the ethnically diverse neighborhood area of Stults Road in their opposition to this proposed apartment complex named Cypress Creek at Forest Lane.  read more »

Spend Federal Boon Wisely, and Flyover Country Can Win

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The mad dash for states, cities and other local units of government to spend the Biden-administration largess has begun. Once the floodgates are opened in a few weeks and the trillions of dollars in “Covid relief,” infrastructure “investment” and other sources of new federal bounty actually start flowing to jurisdictions across the country, America will see a government-spending spree the likes of which this nation has never experienced – not even in the midst of the Great Depression.  read more »

Hope and Fear: Can We Avoid a Racial Apocalypse?

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Jamil Ford still recalls the disorders of late May. ‘It was like Baghdad’, he recalls, even as jurors listen to the arguments during the trial of Derek Chauvin, the police officer accused of killing George Floyd. ‘I constantly think about it. The past history does not go away’, the African-American architect recalls, noting with trepidation possible National Guard deployments. ‘The mental part is still there.’  read more »

What Happened to Social Democracy?

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In a world that seems to be divided between neoliberal orthodoxy and identitarian dogmas, it is possible to miss the waning presence of traditional social democracy. Born of the radical Left in Marx’s own time, social democrats worked, sometimes with remarkable success, to improve the living standards of working people by accommodating the virtues of capitalism. Today, that kind of social democracy—learned at home from my immigrant grandparents and from the late Michael Harrington, one time head of the American Socialist Party—is all but dead.  read more »

Is It Western Europe's Turn for a Brain Drain?

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While much of the focus is on the Covid-19 pandemic, the geography of Europe’s knowledge intensive jobs is being reshaped. For the fifth year, the European Centre for Entrepreneurship and Policy Reform (ECEPR) has in collaboration with Nordic Capital, a leading Nordic private equity firm, mapped the locations of knowledge intensive jobs of Europe. The brain business jobs index examines jobs in four knowledge-intensive industries—the tech sector, information and communications technology (ICT), advanced services, and creative professions.  read more »

Trust the Science: The Blue State Surge is Real

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For months the conventional wisdom among Democrats, amplified by their obliging claque in the media, was that lockdowns played an essential role in containing COVID-19. The great heroes, in addition to Anthony Fauci, were hardline governors like Michigan’s Gretchen Whitmer, California’s Gavin Newsom and, most of all, New York’s Andrew Cuomo.  read more »

The California Economy vs. Sacramento

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Over the past few years California’s plight has taken on mythic proportions — a cautionary tale of progressive woe among conservatives, but a beacon for a future enlightened capitalism among its woke supporters. The current battle over the potential recall of the preening governor, Gavin Newsom, likely will enhance these extreme interpretations on both sides, but likely will not be sufficient to make the changes needed to restore the state’s legendary promise.  read more »