Italian economist and engineer Vilfredo Pareto (1848-1923) conjectured that for any population, income naturally follows a log-normal distribution. The normal, or Gaussian distribution ranges from negative to positive infinity with a central mean. Because logarithms are always positive, the log-normal distribution ranges from zero to positive infinity with a positive mean, consistent with there being […]
Income Distribution and Inequality Learn More »
In a 2020 article published in the Cornell Journal of Law and Public Policy, Graham Steele described a detailed plan to use federal financial regulatory agency powers to implement a new national industrial policy without legislation. The plan was to use the powers of the financial regulatory agencies to restrict the flow of credit and capital to firms and
Operation Climate-Change Choke Point Learn More »
Electric vehicles have been pushed hard as a solution to the world’s faux climate emergency, but in India, they have turned into killing machines. Many EV bikes and scooters have been bursting into flames across the country. The frequency of such incidents has increased considerably since spring 2022. In my home state of Tamil Nadu,
EVs on Fire! Electric Utopia Takes a Deadly U-Turn Learn More »
References to climate change almost guarantee funding, even for research topics of little interest beyond academia and eco-activists. Polls reveal that most people worry most about energy and food prices, crime, living standards, Putin’s war on Ukraine, and increasing efforts to control their lives. A recent study by Rutgers University scientists sought to determine how much diversity
Real Threats to Biodiversity and Humanity Learn More »
“The simple believes everything, but the prudent gives thought to his steps.” – Proverbs 14:15 ESV “Open your mouth for the mute, for the rights of all who are destitute. Open your mouth, judge righteously, defend the rights of the poor and needy.” – Proverbs 31:8-9 ESV In one of the laboratory classes I teach,
Teaching Science Students to Think Critically About EVs and to Peek Behind the Curtain Learn More »
Climate activists’ ill-founded opposition to fossil fuels threatens to stop a major pipeline project in East Africa and stymie economic growth in Uganda and Tanzania — home to some of the world’s poorest people. Uganda is betting big on its fossil fuel reserves. In February, China National Offshore Oil Corporation (CNOOC) and France’s TotalEnergies agreed
Climate Colonialists Disrupt African Pipeline, Perpetuate Poverty Learn More »
I don’t deliberately avoid organic foods or markets, but I don’t seek them out either. Claims that organic food tastes better or is more nutritious are not supported by evidence and certainly don’t justify the far higher prices. Mostly, I’m put off by assertions that organic food is pesticide-free, safer, and more planet-friendly. Those assertions
Cancel Mom’s Grocery Bag Misinformation Learn More »
The Biden administration wants America to cut carbon dioxide emissions by 50% by 2030 and achieve “net-zero” by 2050. Other advanced nations have similar goals. They all need a bucket of cold water in the face. The New York Times Company is as unlikely a source of that icy bucket as you can imagine. Call
Unlikely Source Throws Cold Water on Climate Catastrophism Learn More »
Editor’s note: This piece was originally published by the Acton Institute over a decade ago. Many years later, this piece still provides a poignant reflection on economics, socialism, environmentalism, and Christian ethics. During the summer of 1980, I met weekly for breakfast, prayer, and study with a minister friend of mine. A warm-hearted, intelligent man,
Recovering the Moral Foundations of Economics Learn More »
This article is the second in a series. You can read the first post here. “Based on the numerous experiments listed there, I can tell you that, typically, a 300-ppm increase in the air’s CO2 content … will raise the productivity of most herbaceous plants by about one-third, which stimulation is generally manifested by an increase in
Increased Plant Productivity: The First Key Benefit of Atmospheric CO2 Enrichment Learn More »
