Category Archives: Economics

Economists

Do they understand business?

Probably not. Certainly Paul Krugman doesn’t. I don’t think he even understands economics.

[Update a couple minutes later]

“…all corporate cultures are flawed in some way. I like to say that anyone who is afraid of competing with a big corporation has never been inside one.”

I think there’s an opportunity for someone to take on Boeing in aviation. SpaceX has already done it in space.

The Corruption Of Climate Science

“…it occurred because some of our most important institutions have let us down. The scientific peer review process has failed to catch obvious methodological errors in research papers. Leading scientific assessments have ignored conflicts of interest and adopted flawed methods. The major media has been selectively incurious as to the impact of big money in climate advocacy on climate science, assessments, and policy.”