Problems with the video The above video from Cheddar examines how scientists have developed a brilliant way to fight global warming in a community by using your air conditioner. Our homes contribute about 10% of our global warming emissions, which of course is a very serious problem and we have about 30 years to solve …
Category Archives: economics
The Derivative of a Constant is 0
We are going to start today’s lesson with some mathematics, at the end we are going to fully understand the roots of why a basic income will not impact the amount people work. What is change? In order to understand the impact of basic income on unemployment we need to start with some fairly basic …
We can afford education if we defund the police
Olympia and Thurston County Defund the police means transferring those funds to other programs. Here in Olympia, Washington 4.8% of our tax dollars goes to police and military from all levels of government. About $1000 per capita between Olympia and Thurston County. Simplifying the data from this spreadsheet from the county: Age group Population Percent …
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My family’s economic history
I am the first in 4 generations of my family to not become a professional grade school teacher. My grandfather is a veteran. My family fought in Vietnam, World War II, the Civil War, and the Revolutionary War. I work for a state college. You will never find someone with a longer family history of …
More on Open Border policies around the world, Part One
As I have described in previous posts, I have been looking at outliers for open border policy around the world. Today I did a lot of work on it, improved my data, and now have a database of 208 borders in the world, with 124 different countries represented. Let’s dig into the data. To refresh, …
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Use economics to make life decisions
Data available Life insurance Is life insurance a good deal? Dave Ramsey sells it, and certainly thinks it is a good idea. He is opposed to Whole Life Insurance, and I agree with him there. Life insurance pays out in the case of the death of the policy holder, for the amount you claim. If …
Non-contradicotry proposals
Economists usually say this: Don’t bail out the banks, that’s bad. Let them survive in a free market as they demand. Please don’t bail out big companies. Please make it easier to start a business. Everyone should have the right to own their work. Please don’t collectivize everything, that’s happened before, it didn’t work. Private …
State of the Global Economy, October 2018
GE as predictor for the economy. The reason is that when companies want to grow they are going to go to a company like GE for the supplies they need while doing construction. This means that General Electric will be one of the first companies in America to feel the effects of the recession. This …
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Bring back ARPA
I just learned this. DARPA was originally known as ARPA when it was founded in 1958 at the request of President Eisenhower. The D stands for defense, it was added in 1972 by Richard Nixon. America was investing not just because it had military applications, we were investing because it improved society, because it made …