The Forest and the Trees
September 29, 2009
Understanding the construct we call Nature.
Cutting Carbon's Dirt Cheap--If The Whole World's Involved
September 28, 2009
In The New York Times today, James Kanter checks in on Europe's foray into carbon trading. In particular, he hears Jürgen Thumann, the president of BusinessEurope complain that it's been rather costly for Europe to be the only entity that's put a hard cap on greenhouse gases so far. If the United States, Australia, Japan, and other nations would only join in on the fun, then cutting carbon emissions would be much, much cheaper for everybody. Thumann's actually onto something here.
September 28, 2009
Our oceans have been the victims of a giant Ponzi scheme, waged with Bernie Madoff–like callousness by the world’s fisheries. Beginning in the 1950s, as their operations became increasingly industrialized--with onboard refrigeration, acoustic fish-finders, and, later, GPS--they first depleted stocks of cod, hake, flounder, sole, and halibut in the Northern Hemisphere.
G20: "In The Medium Run We're All Retired"
September 22, 2009
It looks like the G20 on Friday will emphasize its new “framework” for curing macroeconomic imbalances, rather than any substantive measures to regulate banks, derivatives, or any other primary cause of the 2008-2009 financial crisis. This is appealing to the G20 leaders because their call to “rebalance” global growth will involve no immediate action and no changes in policy--other than in the “medium run” (watch for this phrase in the communiqué). When exactly is the medium run? That’s an easy one: It’s always just around the corner. Not today, of course; that would be short run. And not in 2
U.S. Strategy for the G20: You Cannot Be Serious.
September 21, 2009
According to the WSJ this morning (top of p.A1), the U.S. is pushing hard for the G20 to adopt and implement a “Framework for Sustainable and Balanced Growth,” which would amount to the U.S.
The Stockholm Syndrome
September 18, 2009
When Zvi Mazel was summoned to the Swedish Foreign Ministry back in January 2004, he knew he was in trouble. As Israel’s top diplomat in Stockholm, the 64-year-old had just done something markedly undiplomatic--not exactly rare for Israeli envoys. No, he hadn’t remarked upon the “yellow skin and slanted eyes” of Asians. No, he hadn’t taken part in a child-pornography ring.
This Giant Isn't Sleeping
September 17, 2009
It’s now widely believed that the global recession is coming to an end, but the path out has been far from typical: This time around, China, not the U.S. has led the global recovery. With its $600 billion stimulus package and with banks lending with abandon, China has become the engine of global manufacturing and industrial activity.
DISPUTATIONS: Talk About Pathological
September 16, 2009
Conceding that the Rosenbergs “shouldn’t have done what they did” and that they “thought they were helping our ally in wartime” hardly amounts to a full recognition of their crimes. Remember, the Rosenbergs knowingly gave atomic technology to Stalin--technology that was used to keep half of Europe under brutal occupation for half a century, and helped fuel a costly and wasteful arms race, and helped a stupid and vicious communist dictatorship stay in power, too.
The Ghost Fleet
September 14, 2009
This Daily Mail story beggars belief: Here, on a sleepy stretch of shoreline at the far end of Asia, is surely the biggest and most secretive gathering of ships in maritime history. Their numbers are equivalent to the entire British and American navies combined; their tonnage is far greater.
September 11, 2009
One remarkable thing about watching the Middle East is how what’s celebrated as brilliant in Europe or America is errant nonsense. Writing such stuff makes people successful and gives them an audience of millions.