Happy Thanksgiving

Today, we give thanks to God for that with which He has blessed us.  We thank Him for our families, for our fortunes, and for our freedoms.  And in doing so, we should remember that to those whom much is given, much is expected.

RGD on Kindle

Now that Amazon has finally gotten their act together on making the Kindle edition available and getting the price right, it appears that RGD is an even better bargain on Kindle than I had hoped.  While the retail price is $1.99, Amazon is selling it for only $1.59 in the USA; the international price is $3.59.  It will be interesting to see if more people give it a shot than they would have at the usual $9.99 price.  Personally, I don’t think any ebook should be sold for more than $4.99; higher prices are merely an artifact of old pricing patterns that should soon disappear.  If you have a Kindle, why not go ahead and give it a shot… it’s less than a bottle of Two-Buck Chuck!

In the meantime, Clint has posted a review there which should suffice to answer the frequently asked question of whether the book is suitable for non-economists or not:

I am not an economist. I do have a basic understanding of economic principles, but tend to glaze over when I start looking at economic charts and in depth analysis. In this book, there are various explanations and scenarios that are presented. I was able to follow each and every one of them. Not only that, but there was an appropriate amount of humor injected into the text to keep a non-economist entertained.

Here are the strong points from my vantage point: The highlights of various schools of economic thought were covered in an effective and fair manner. Potential outcomes for our current economic crisis are presented, with a “Vox-style” handicapping of each scenario presented. Historical data from not only the Depression of the 1930s, but similarities with the Japanese economic condition of 20 years ago and even other comparable situations were presented and explained in a way that helps to see why he draws the conclusions that he does. I know more about economics now than ever before because he does not rely upon any one economic school (Keynes, Austrian, etc) to dominate the conversation, but draws upon them all….

Conclusion: I highly recommend the book.

I know how it can be difficult to write an intelligent and meaningful review of a book, so I very much appreciate the time and effort spent writing them.  If you have one, don’t forget to send the link to me so I can post it here, and sooner rather than later, at the RGD book site as well.

UPDATE: RGD is now the 6th best-selling economics book on Kindle. Chalk up another one for price elasticity and the law of supply and demand.

More climate fraud

This time, it’s in New Zealand:

The New Zealand Government’s chief climate advisory unit NIWA is under fire for allegedly massaging raw climate data to show a global warming trend that wasn’t there. The scandal breaks as fears grow worldwide that corruption of climate science is not confined to just Britain’s CRU climate research centre. In New Zealand’s case, the figures published on NIWA’s [the National Institute of Water and Atmospheric research] website suggest a strong warming trend…. But analysis of the raw climate data from the same temperature stations has just turned up a very different result.

Worldwide fears? More like worldwide conclusions. I’m not at all surprised. The strong probability is that it has ALL been more or less faked, so the more closely the climate data is examined, the more likely it is that some amount of fraud is going to be detected. This is why no “scientific consensus” that does not involve genuinely observable and replicable science should ever be considered science. Today’s scientists held a position of public respect that relied on the successes of their predecessors but they have been shown to be unworthy of it with their stupid and shabby attempts to pass of non-science as science.

Science is not, and never will be, “what scientists happen to believe now”. That’s merely opinion, and often it’s not even informed, educated, or honest opinion.

Incredibly, the snake-oil salesmen are still trying to sell their con job to the public: “Tuesday’s report said no credible science supports an alternative hypothesis for the warming trend. Each year this decade has been among the top 10 warmest years since instrumental records began, the scientists said. ‘The science is quite decisive,’ said Michael Mann, a professor at Penn State University. ‘There is a very robust consensus about the reality of climate change and the need to confront it quickly.'”

That, by the way, is the very Michael Mann who created the “hockey stick” fraud. And unless instrumental records only began ten years ago, each year this decade has NOT been among the top ten warmest years on record. The hottest ten years according NASA’s GISS are:

  1. 1934
  2. 1998
  3. 1921
  4. 2006
  5. 1931
  6. 1999
  7. 1953
  8. 1990
  9. 1938
  10. 1939