Showing posts with label free markets. Show all posts
Showing posts with label free markets. Show all posts

Saturday, January 14, 2017

Solar Energy is Cheaper!

Image result for solar energyAh, the free market. All those "liberal" economic believers swear by it...until it bites them on the ass.

The overall shift to clean energy can be more expensive in wealthier nations, where electricity demand is flat or falling and new solar must compete with existing billion-dollar coal and gas plants. But in countries that are adding new electricity capacity as quickly as possible, “renewable energy will beat any other technology in most of the world without subsidies,” said Liebreich.

At this point it doesn't really matter if you "believe" in climate change or not. The free market has accepted the settled science.

Wednesday, April 27, 2016

Sunday, February 01, 2015

Businesses Fighting Climate Change

The course to combat climate change has changed significantly in recent days. Polls show most Americans view at as both a threat and man made. This piece from today's New York Times shows just how serious the private sector is taking this issue.

Mr. Page is not a typical environmental activist. He says he doesn’t know — or particularly care — whether human activity causes climate change. He doesn’t give much serious thought to apocalyptic predictions of unbearably hot summers and endless storms. But over the last nine months, he has lobbied members of Congress and urged farmers to take climate change seriously. He says that over the next 50 years, if nothing is done, crop yields in many states will most likely fall, the costs of cooling chicken farms will rise and floods will more frequently swamp the railroads that transport food in the United States. He wants American agribusiness to be ready.

As I have stated many times previously, when companies like Cargill have their bottom line threatened, we will change our attitude about climate change.

Check out the link to their report

Sunday, January 11, 2015

Why Globalization Is A Rising Tide That Lifts All Boats

The video below shows exactly why globalization and capitalism are indeed very good things. Take a look at how the bubbles, even in underdeveloped countries, rise over 200 years. Rosling's stuff is amazing and I highly encourage all of you to check out his interactive graphic where you can track the progress of each country, crunch the data, and be a complete social studies nerd like myself.

Despite what the apocalyptics on both the left and the right tell you, our world is improving every day.

Saturday, May 03, 2014

More Tampering With The Free Market By The Gun Cult

Man, the Gun Cult really doesn't like the free market...

Threats against Maryland gun dealer raise doubts about future of smart guns

The latest skirmish over the nation’s first smart gun, marked this week by death threats against a Maryland gun dealer who wanted to sell the weapon, has raised doubts about its future and prompted some gun-control advocates to back away from legislative efforts to mandate the technology. Engage Armament, a Rockville gun shop, endured an outpouring of vitriol from gun rights activists who fear the technology will be used to curtail their Second Amendment rights by limiting the kinds of guns they can buy in the future.

What kind of vitriol?

Somebody told one of Raymond’s workers that the store, Engage Armament, wouldn’t be selling the gun because there wouldn’t be a store — it will burn down. At another point, Raymond picked up the phone and said, “Hi, this is Andy. How can I help you?” The caller said, “You’re the guys selling the smart gun?” Raymond tried to reason with him. But the caller said, “You’re gonna get what’s coming to you (expletive).”

Cool. I guess he had to sleep in his store because he worried his private property would be damaged.

What a mentally balanced group of people...

Tuesday, April 29, 2014

So Much For The Free Market

I thought conservatives were all about the free market. I guess they aren't. 

Armatix said it had an agreement with the Oak Tree Gun Club, a large gun range and retailer about 20 minutes north of Los Angeles, to sell its iP1 pistol, which can be fired only after the owner enters a five-digit PIN into a watch that transmits a signal to the gun. The gun, which retails for about $1,800, disables itself if it is more than 10 inches from the watch. But once Oak Tree’s owner, James Mitchell, went public in The Washington Post saying the iP1 “could revolutionize the gun industry,” Second Amendment activists went into overdrive, flooding social media with threats to boycott the club. They took to, a forum for gun owners, and called for vigilante-style investigations of Ms. Padilla and Armatix.

Ms. Padilla is also receiving threats of violence as well. They simply can't allow technology like this to be available for sale to the general public. Imagine what would happen...gun SAFETY and RESPONSIBILITY. Gadzooks!

So much for allowing the free market to work itself out...

Tuesday, March 25, 2014

How Free Markets And Government Spending Can Stabilize A Country

When someone mentions Rwanda, the first words that come to mind are violence and instability, not free markets and prosperity. This recent article in the Times shows just how far Rwanda has come and you can thank the power of capitalism for their recent success. One of my add-ons to the "teach a man to fish" saying is "teach a village to fish and they create a free market economy" and that is clearly what has happened in Rwanda.

Rwanda offers an alternative model, analysts say, a country where the economy has grown an average of nearly 8 percent over the last four years because of increased agricultural productivity, tourism and government spending on infrastructure and housing. Despite having a population of just around 12 million, the consulting firm A.T. Kearney last week named Rwanda the most attractive African market for retailers in its first ever African Retail Development Index. 

As the article notes, there are still challenges ahead for Rwanda but the simple fact that it has made it to this point illustrates that with the right balance of free market principles and government involvement stability can be achieved anywhere.

Friday, February 21, 2014

The Gap Closes The Gap

It looks like retail clothing firm The Gap has joined Costco and other businesses in economic intelligence. people more money...they spend more money in the economy...businesses hire more people and earn more profit...weird how that works:)

Friday, January 24, 2014

The Beauty Of The Free Market

While the right wing blogsphere and its devout followers continue to deny the settled science of climate change, the free market is moving on. They don't really have a choice.

After a decade of increasing damage to Coke’s balance sheet as global droughts dried up the water needed to produce its soda, the company has embraced the idea of climate change as an economically disruptive force. “Increased droughts, more unpredictable variability, 100-year floods every two years,” said Jeffrey Seabright, Coke’s vice president for environment and water resources, listing the problems that he said were also disrupting the company’s supply of sugar cane and sugar beets, as well as citrus for its fruit juices. “When we look at our most essential ingredients, we see those events as threats.”

Threats, indeed. All the bloviating from the hubris brigade amounts to absolutely nothing in the face of the power of the free market. If industry decides that climate change is a clear and present danger, than it is. As the article notes, even the coal industry is being ignored and it's not just Coke.

Nike, which has more than 700 factories in 49 countries, many in Southeast Asia, is also speaking out because of extreme weather that is disrupting its supply chain. In 2008, floods temporarily shut down four Nike factories in Thailand, and the company remains concerned about rising droughts in regions that produce cotton, which the company uses in its athletic clothes. “That puts less cotton on the market, the price goes up, and you have market volatility,” said Hannah Jones, the company’s vice president for sustainability and innovation. Nike has already reported the impact of climate change on water supplies on its financial risk disclosure forms to the Securities and Exchange Commission.

What about a carbon tax?

Although many Republicans oppose the idea of a price or tax on carbon pollution, some conservative economists endorse the idea. Among them are Arthur B. Laffer, senior economic adviser to President Ronald Reagan; the Harvard economist N. Gregory Mankiw, who was economic adviser to Mitt Romney’s presidential campaign; and Douglas Holtz-Eakin, the head of the American Action Forum, a conservative think tank, and an economic adviser to the 2008 presidential campaign of Senator John McCain, the Arizona Republican. “There’s no question that if we get substantial changes in atmospheric temperatures, as all the evidence suggests, that it’s going to contribute to sea-level rise,” Mr. Holtz-Eakin said. “There will be agriculture and economic effects — it’s inescapable.” He added, “I’d be shocked if people supported anything other than a carbon tax — that’s how economists think about it.”

Laffer? So it ain't so, Art...

Tuesday, July 23, 2013

Let The Free Market Sort It Out

This is what happens when you let the free market sort itself out.

This industrial dance has been choreographed by Goldman to exploit pricing regulations set up by an overseas commodities exchange, an investigation by The New York Times has found. The back-and-forth lengthens the storage time. And that adds many millions a year to the coffers of Goldman, which owns the warehouses and charges rent to store the metal. It also increases prices paid by manufacturers and consumers across the country.

But wait, though, pricing regulations set up by an overseas commodities exchange?

The inflated aluminum pricing is just one way that Wall Street is flexing its financial muscle and capitalizing on loosened federal regulations to sway a variety of commodities markets, according to financial records, regulatory documents and interviews with people involved in the activities.

Ah, that explains it.

Now this is happening which never would have if Mitt Romney had won the election.

Wednesday, December 19, 2012

The Crazy Uncle and the Cassette Tape

Since the tragedy last Friday in Newton, I've had something percolating in the back of my head. David Frums's recent post on what they president should not do was the catalyst. The president can't fight an ideology so intransigent that even the Lord our God couldn't move them. But I'll tell you who can.

People like our own Nikto.

I don't necessarily agree with everything that Nikto has been saying on gun control but I also haven't heard any adequate defense of why ordinary citizens need to be able to protect themselves with military grade weaponry. Thus far, it's the usual meme of "You're stupid" with a dash of genetic fallacy. They can say why they are against it but not why they are for it. To do so would mean being honest. What is that truth?

They think that these types of weapons are cool and they like to blow shit up. And they have a pathological hatred of the US government and believe think that the NBC television program, Revolution, is likely to happen. The problem with trying to engage these people is that our culture is generally fair minded and the fallout from this puts sanity at a disadvantage. I liken it to what I call The Crazy Uncle.

The Crazy Uncle is the guy in your family that you see at the holidays who doesn't get out much. He spends his days in the bubble of the Drudge Report and other right wing hotspots believing that this is what the world is really like. He is most definitely armed with an array of these types of weapons and, at the holiday meal, will inevitably say something so far off in moonbat land that you question his sanity.

But then a funny thing happens. The rest of the people at the table are polite and start to accept the "logic" of some of his arguments. It's not too long before the moderate conversation gets pulled to the right and now the "middle" is somewhere around the 10 yard line on the right side of the field. This is what happens when we embrace the Cult of Both Sides. This is what is happening on a macro level on our culture. The Crazy Uncles of the world know this and that's why they do it, saying crazier and crazier shit to see how much they can get away with (Hitler's big lie scenario). Never was this more true than with the gun debate.

So, to unfuck this kind of thinking, the government has to stay out of it. I know they are going to try do something anyway but given the power of the gun lobby (and despite the NRA saying that this Friday they are going to unveil plans to make sure this never happens again), it's going to be nearly impossible for them to accomplish this paradigm shift. 

But that's shouldn't stop ordinary citizens from forming a private organization that rivals or even surpasses the gun lobby. Frum's example of MADD is a good one. There are plenty of people right now that have lost loved ones in school shootings and they could form the nucleus of such an organization. And the time has sadly never been better. All they need to do is start talking about the 20 children who had as many as 11 bullets in the bodies.

The Right is quite fond of talking about how the free market should do its thing without interference from the government.  They point to letting people's behavior and tastes dictate supply and demand. Well, stocks in gun manufacturers are plummeting after Friday's shooting. Cerberus is selling Bushmaster. Dick's will no longer carry certain types of guns. A general distaste for guns is starting to grow in our culture. This one was different, folks and things are going to change. This change and increasing distaste will be hastened if a new, private organization like MADD gets to work now.

It may end being that many of these military style guns go the way of the cassette tape.  A few people still have that moldy old soundtrack to 9 1/2 weeks laying in their old Geo Prizm (likely that same crazy uncle) but no one really plays them anymore. Why?

Because they just aren't cool anymore. 

Tuesday, July 24, 2012

A Wish That Will Likely Never Be Filled

As we draw nearer to election day this year, I want to reiterate one of my main complaint about the president. He (and Mitt Romney) need to be honest about the jobs that were lost in 2008. In short, they aren't coming back.


Well, here's a very good explanation. 

The middle class in the developing world is rising. The only question is how high it will go and how fast it will get there. About 85 percent of the world's people live in developing countries, yet they accounted for only 18 percent of global consumer spending just a decade ago; today, they account for nearly 30 percent. Consumer spending in developing countries has been increasing at about three times the rate in advanced countries, and we're not just seeing a growing demand for necessities, but also for middle-class staples such as meat, toothpaste, cell phones, and air-conditioners.

When you spend nearly 70 years spreading the word of free markets and capitalism, you markets and capitalism. 

So when politicians complain about jobs being shipped overseas (and this is a case where both sides really are the same), it's basically a lie. If you want freedom and prosperity around the world, then you have to be able to put up with the increase in the labor pool which will result in unemployment at home.

The good news for our country is that we are providing much of the world with these products. Granted, the labor is coming from places like China and India but the higher end roles in private organizations are being filled by Americans. Bottom line...if you are unemployed, you need to continue your education so you can be more marketable in the world.

As Thomas Friedman noted last January, it's Made in The World now.