In addition to the important reasons given below for shutting economists out of the debate on climate change, an additional one is even Nicholas Stern fell for trying to look at climate change in net present value terms. As anyone how has built financial models will tell you, pretty much anything that happens more than 30 years out is ascribed no value because just about any positive interest rate will result in very long term impacts being discounted to zero.

The better way to think about climate change is insurance, where buyers knowingly pay a healthy amount over their expected risk because they can’t afford the downside. And here, the downsides are catastrophic.

(Via naked capitalism)

There are markets for everything, including our own destruction.


The prosecution performed poorly. The judge seemed biased, The jury deliberations went on for days. The case was political. The defendant was white. America is the land of the gun. So, for what it’s worth, the outcome of the Kyle Rittenhouse case, not guilty on all charges in the Kenosha shootings, is hardly a surprise at this point. In some ways, the trial’s aftermath will be the bigger story. I hope we don’t don’t see violence in the streets. I’m relieved that Rittenhouse is too young for the GOP to run him for Congress. 

(Via Dave Pell’s NextDraft)

Kyle Rittenhouse, acquitted on all counts — a sniveling whiny bitch & ambulatory human garbage pile heading straight to hell — is at large, armed & dangerous

Say what you will

about Windows shipping the same Control Panel icons for the last 20 years or so, but at least they don’t impair daily use.

(Via The Tao of Mac)

Apple slips each release on their software quality.

I have a Mac Mini 2011 that is stuck at High Sierra. It’s pretty solid, so long as software doesn’t try to upgrade past my system’s ability to support it.

I have a Mac Mini 2012 that is stuck at Mojave. It has some issues.

I have a MacBook Pro 2015 I am keeping away from Big Sur+. It has more issues. It will crash when the screen saver is running for >29 minutes.

I have a MacBook Air 2017 I keep up to date (depending on support for my work apps) with Big Sur. It regularly has issues, crashes, and won’t update it’s local time zone.

Flapjacks ≠ Pancakes

Are flapjacks and pancakes the same thing?

Where we see an actual difference in flapjacks and pancakes is in the U.K. English “pancakes” are the same as American pancakes, but English “flapjacks” are more like American granola bars. They’re commonly made of rolled oats, butter and brown sugar, then baked in a tray and cut into squares or rectangles. It’s also normal to add your own touches like chocolate, dried fruit, nuts, yogurt and toffee pieces

(Via MEL Magazine)

Now we know, and knowing is half the battle.