Comment Re:The power of modeling ? (Score 1) 186
Yeah it would be better to just take it on faith. Think of the money you'd save! You're always right, no need to check, deductive logic all the way!
Yeah it would be better to just take it on faith. Think of the money you'd save! You're always right, no need to check, deductive logic all the way!
Scientists want to build themselves pyramids as burial tombs?
Why shouldn't the Fed feed individuals loans at zero percent, so we can buy t-bills at 3%, and keep the loans rolling over?
"Should the power companies be FORCED to just eat the fees of hooking up and stabilizing a power source that's only producing cheap power during periods where demand is lowest?"
This is where "market signals" conflict with "the General Welfare". Government should run the power companies in the public interest, without profit motivation. Fund them at zero cost through the Fed, which (also being not profit-motivated) returns interest to the Treasury each year, and can forgive or keep rolling over the loans.
The answer, according to this solar energy MOOC, is a resounding yes: the panels produce much more energy than they took to build.
What about bird kills, though.
And an added bonus, you get to drink polluted water even when far away!
The large, high-altitude ones kill birds. http://catchingwindpower.com/ presents a low-altitude design that is bird-safe and purportedly provides more power. Maybe the guy had one of those in his yard?
Don't we have to have faith that the scientists aren't cherry-picking chunks of data that give them (almost) the significance they want?
Remember Feynman, in "Cargo Cult Science", describing how experimenters replicating Millikan's famous experiment found ways to fudge their data to match his flawed results? Didn't they have faith he was right?
How about animals?
The Fed has proved it can create money at will, and the stock market soars. No taxpayer funding is needed. Let the Fed fund fiscal policy, at zero cost (since interest is returned to the Treasury each year, by law).
Taxpayers don't have to shoulder any costs. The Fed is not taxpayer-funded. And the Fed can forgive loans, or simply keep them rolling over forever.
As a hedge against inflation, we should index everything (bank accounts, transfer payments, everything) to CPI so that purchasing power never decreases. Israel has used this scheme for decades successfully.
Sadly, it's becoming all too true in factory farming.
Meat is murder.
He's a tool of the free market. Hypocrisy comes standard.
What does the name matter? It's arbitrary. Focus on the theory.
It's like looking only at Jesus's finger, when he's pointing at the moon.
Why not subsidize it with Fed-created money, used to fund fiscal policy at zero cost? The Fed has proven it can fund the market; let it now fund fiscal policies.
This restaurant was advertising breakfast any time. So I ordered french toast in the renaissance. - Steven Wright, comedian