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Comment Nah... (Score 1) 130

'the climate debate is long over'

I suggest you get outside the bubble of the opinions you generally live within if you think that is true in the wider community, however much it might be within the science community. There are a lot of politicians playing up to the views of people who don't want to believe. Convincing them is a hard task, and every time something like this happens politicians who are happy to use the lie to gain power, will do better.

Comment This is a MAJOR problem (Score 5, Insightful) 130

Climate sceptics are desperate to be able to reject the results from scientific studies because the conclusions demand actions that they don't want to take. Every time some story like this comes along, they are able to justify their rejections of other, better data.

There are no easy solutions to this problem. We need to be open to admitting errors - that's how science works! But every admission is very damaging...

Submission + - Yes, tattoos ARE bad for you (latimes.com)

Bruce66423 writes: 'Tattoo ink moves through the body, killing immune cells and weakening vaccine response

'''Tattoo ink doesn’t just sit inertly in the skin. New research shows it moves rapidly into the lymphatic system, where it can persist for months, kill immune cells, and even disrupt how the body responds to vaccines.

'Scientists in Switzerland used a mouse model to trace what happens after tattooing. Pigments drained into nearby lymph nodes within minutes and continued to accumulate for two months, triggering immune-cell death and sustained inflammation.'

Submission + - Oracle's credit status under pressure (latimes.com)

Bruce66423 writes: 'A gauge of risk on Oracle Corp.’s debt reached a three-year high in November, and things are only going to get worse in 2026 unless the database giant is able to assuage investor anxiety about a massive artificial intelligence spending spree, according to Morgan Stanley.'

First sign of the boom's inevitable collapsing?

Comment Definition confusion (Score 1) 195

You're taking a very precise definition of 'neo-classical economics' which isn't what I was seeking to defend, so I understand your scepticism.

At university I had as my main text book Lipsey's 'Positive Economics', which was an attempt to introduce the basic concepts of economics that pretty much universally agreed. It's those concepts, which are, as much as anything can be proven, the 'scientific basis' for economics.

Just occasionally we get countries carrying out a strikingly new economic policy that allows us to see what happens. A recent example of this was Erdogan's refusal to raise interest rates despite rapidly rising inflation in Turkey. After several years of this, he finally returned to what every economist was telling him to do, and inflation is beginning to come under control

https://fortune.com/europe/202...

In Chile Pinochet's adoption of market economics after the coup against Allende lend to short term pain but long term gain, a pattern which was repeated when Poland emerged from socialism in the 1990s, creating what is now a dynamic economy.

Etc. etc. No doubt Bernanke did indulge in a degree of hubris in 2007; that doesn't mean that the central ideas of economics are flawed.

Comment Compare medicine and economics (Score 1) 195

Noone argues that because medicine sometimes doesn't save every person from dying proves that medicine is a 'pseudo-scientific ideology'. The crazy success of China in seeing its economy grow from minimal to USA threatening is the result of its rulers adopting the principles of neo-classical economics, rejecting the idea that real development will happen any other way.

Go and read about the cycles of boom and bust in the 19th century. Those bought massive suffering to the people affected by them. We don't have those booms and busts any more - because we know a lot better how to run the economy to avoid them.

https://en.wikipedia.org/wiki/...

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