Professional economist here (hence, perceived as right wing) who began studying economics due to concern about climate change (hence, perceived as left wing).

[1] The classic statement of when markets 'work' is the 'first fundamental theorem of welfare economics'.

[2] 'work' in this sense means 'leads to a Pareto-optimal outcome', which means an outcome in which no one can be made better off without making someone worse off. This is a low standard: an outcome in which I have everything is Pareto-optimal.

[3] the conditions for the welfare theorems are generally not satisfied in practice. Here, as alluded to in the ad, carbon emissions are 'externalities': if an oil company sells you gas, which you then use, both of you are better off, because you're assumed to have taken into account the effects of your exchange, and decided to proceed; other parties have not, so may be worse off.

[4] in general, failure of the welfare theorem conditions isn't enough to make the case for government intervention: the outcome may still be 'constrained' efficient - meaning that, given the inherent constraints in the problem (e.g. asymmetric information), the market outcome is Pareto efficient.

[5] again, even if it is, you may not like the particular constrained efficient outcome the market yields (e.g. I get everything).

[6] in the case of externalities, the theory is pretty well established - if we want efficient outcomes, we need to align the private and social costs. There are two basic market-based tools for doing that: quantity tools (e.g. carbon permits) and price tools (e.g. carbon taxes). Which performs better depends on the sort of market imperfections.

[7] obviously, we will never have a perfect estimate of the efficient price or quantity of carbon to emit in a given year. Equally obviously, to me at least, this is a classic case of an externality with a well developed body of theory pointing in the direction of some level of controls.

[8] in my experience: people familiar with the economic theory tend not to be 'pro-market' or 'anti-market': they tend to want to understand how the market can be used to deliver societal objectives and, when it can't, how to correct its imperfections.

Mynd you, møøse bites Kan be pretti nasti.

Oh snap!
Digital World Acquisition is about to fold, with Toth Senchal following shortly after.
Because Trump and his people can’t follow laws, they clearly and undeniably violated the clear pre-conditions for the merger….namely not colluding with each other before collecting investments, and not choosing a business to invest in before then either…and the sale was put on hold during the investigation into this fraud.
DWA’s charter requires them to either invest their money or return it within a few weeks from today unless 65% or more of investors vote to extend the timeframe. Multiple votes have failed, people want their money back.
The best part is, in a few weeks when they return whatever is left, it’s going to be pennies on the dollar. Investments were made at $90 to $116 per share, shares that are under $10 today and might be below $1 in two weeks.
That’s what happens to EVERYONE who invests in Trump. They lose their shirt….every time. These victims actually do better than most by getting back 1%-5% of their investments.
Another in an endless line of massive failures by Trump.

What was that you said about Trump being bright? The only way anyone could believe that is if you lived your entire life in the dark, then a sputtering weak candle looks bright.

Just for you- https://videosift.com/video/Republican-SEX-CRIMES

Edit: nothing to say? I know you watched it. Pretty sick party that accepts and protects them, isn’t it?

Pretty cool even without VR. There are 3 pyramids. He aims for one of the two big pyramids. Drag the video to keep the large pyramid (on the outside) in the center of the screen and you get a sense of how he moves through the air.

I expect this is just the beginning.
Populations of marine animals will migrate to new areas less suited for them (or try and fail), causing disruptions in their new location, spurring more migrations….
When this happens, local fishing industries collapse because their prey is gone and new invasive species either aren’t edible or aren’t caught with the gear they have (like Lionfish, inedible to most fish and mammals, and all but impossible to catch except by spear fishing).
Between ocean acidification, deep water warming, overfishing, invasive species, pollution, loss of ice packs, and other as yet unknown factors, the ocean’s ability to produce food is going to be severely limited in the near future. It already is, in fact.
The crab collapse isn’t the canary in the coal mine, it’s not even the first miner to drop dead. It’s like 1/4 of the entire night shift just disappeared….and they are all the engineers that keep things functioning.

This is like a massive corn blight on land. It not only kills the corn, it takes out everything that relies on corn too, like pigs, chickens, cattle, goats, pretty much any livestock, and an insanely large percentage of the calories humans eat too. A shitload of the ocean relies on crab meat, and more rely on crabs to keep the ocean floors clean….important if we don’t want clouds of hydrogen sulfide erupting from the ocean making all coastal states dead zones.

Now, how about you address Ashley Babbitt, the dead traitorous cunt that destroys at least one position you hold sacred….either she and the MAGA insurrectionists were not innocent peaceful marchers calmly protesting like a normal day but were anti democracy violently murderous terrorists attacking police that showed god level restraint by only shooting her, or police shoot innocent non threatening people for no legitimate reason.

Which one do you want to finally admit is correct…because I think we both know they both are. It’s pretty chicken shit cowardly of you to continue to avoid the glaring reality by just not answering, and very telling about you that you simply cannot ever admit you are w-w-w-w-wrong.

I never said she was, only that it’s likely, and that breaking into a campaign headquarters is, by definition, a political crime. It’s still quite possible she or her campaign put him up to it, intentionally hiring a homeless looking guy so people like you would say exactly what you said (once fed it), or not. Nothing has indicated otherwise. Even homeless guys know campaigns don’t keep cash or jewelry around, nothing to steal there but campaign data, not the stuff homeless people steal.
Either way, it’s a political attack to break into a political headquarters, even if that’s not the intent.

How about wait and see before declaring her innocence based on nothing. Can’t wait for a fact before you post no story pushing a fake innocence. Even if she’s not involved directly in this crime, her rhetoric is responsible for hundreds of credible death threats and other threats and attacks. She may not be guilty of this crime, but she is far from innocent.

Oh, I’m so sorry, only bob is allowed to “push narratives” or make suppositions without having all the facts, or in his case any facts. You have no leg to stand on after years of pushing obviously fake stories that, surprise surprise, all turned out to be totally fake with no evidence on which to base them in the first place. Don’t whine now that someone else jumps to conclusions like you always do.

Know what’s definitely not fake? The violent attack against Pelosi’s elderly husband in an attempt to murder her….I suppose you would say it’s wrong to call that a politically motivated attack too.

You are gullibility incarnate. You still believe covid is a hoax, and just a cold, and a plot by China to destroy the west by infecting itself. You still believe Russia didn’t ever interfere in our elections, and Trump really won the popular vote once. You believe Jan 6 was ANTIFA and BLM not MAGA despite the guilty pleas, and that stealing nuclear secrets and keeping them in public hallways where Chinese spies repeatedly brought recording equipment and roamed freely is a “nothing burger” but Clinton not seeing the murky future is a high crime. Everything you claim to believe is certifiable nonsense, bob. Pretty certain you think long dead Hugo Chaves used Italian space lasers to change votes in dominion voting machines in a shared plot with the Illuminati and the sleestacks (lizard people) to hurt Trump because he was going to expose their pedophile vampire club where they vivisect children for pineal glands. ROTFLMAHS!!

All pretty much correct, but I’m still enjoying it. I hope it gets renewed.

so it would have tripled the cost and made it look worse.

people's obsession with 60+ FPS needs to stop. it looks bad and it's a shit-ton of work. its purpose is to sell more TVs. same with 8K+. even 4K is pretty overkill for most people's viewing habits.

I dig chill versions of this song.

The Hellsongs version is pretty good too:
https://www.youtube.com/watch?v=gZoo8PSC4AM

Don't forget to listen to the original so you can appreciate how much artistic creativity goes into re composing this song.
https://www.youtube.com/watch?v=LQUXuQ6Zd9w

That's very cool and really pretty, and I've watched it a load of times, but that moon is waaaaaaay closer to the planet than our moon. I know it's slowly moving away from us, but I wouldn't have thought it would have started off that close.

Awkward CG transition at 2:50, but most of the wipes were pretty clean (like 3:27). Well-choreographed and -flown though.

If you really believe their claim here that the first untethered walking test was done at a press conference in public, I have some hurricane proof property in Ft Meyers to sell you.

Under $20k…I hope that’s not as overly optimistic as the semi truck specs were.

It’s pretty far behind Boston Dynamics in ability, they can do flips, hop, even dance. I hope the production version is all they claim, but I’m not holding my breath.