Category Archives: Business

Business, Economics, Education, Media Criticism, Political Commentary, Social Commentary

Income Inequality

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What Bernie Sanders doesn’t understand about it.

To be fair, of course, I don’t think Bernie Sanders understands anything about anything.

Related: Bernie Sanders and the fixed-pie fallacy. He (like all Marxists) doesn’t understand that wealth is created, or how. He thinks it’s just something to be magically redistributed.

[Update a few minutes later]

Unfortunately for the Marxists, the American people don’t think that wealth inequality is a crisis. They don’t think that climate change is, either. It barely makes the list.

[Update a few minutes later]

Dems appeal to “progressives,” not all Americans.

There’s nothing progressive about them. Forced wealth redistribution is the oldest game in the book. Free markets are what are new and revolutionary.

Business, Space, Technology and Society

SpaceX Return To Flight

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Orbcomm is going to go first:

SpaceX on Oct. 16 said it had changed its return-to-flight plans and would first launch 11 small Orbcomm messaging satellites into low Earth orbit, and then test reignition of the redesigned second-stage engine during the same flight before launching SES’s heavier telecommunications satellite into higher orbit, a mission that will need the reignition capability.

Luxembourg-based SES said the company was comfortable with ceding its slot to Rochelle Park, New Jersey-based Orbcomm, especially since SpaceX has said it can launch the SES-9 telecommunications satellite into geostationary orbit in late December.

So December may be an interesting month, with two landing attempts.