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 »
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 »
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 is the second article in a series. You can read the first post here. As we stated previously, Professor Nicola Scaffeta of the University of Naples Department of Earth Sciences has published a detailed, peer-reviewed assessment of the latest generation of global climate models, and the results are not encouraging if you were hoping to find out
New evidence of climate model hot biases Part II Learn More »
According to psychiatrist Seth D. Norrholm, dictators see themselves “as ‘very special’ people, deserving of admiration, and, consequently, [they] have difficulty empathizing with the feelings and needs of others; they also tend to behave with a vindictiveness often observed in narcissistic personality disorder.” In other words, they are nuts. And dangerous. And in power. Norrholm,
Death of a Nightmare: The Last Gasps of Poseur Politics Learn More »
This article is the first post in a series. You can read the second article here. Atmospheric carbon dioxide: you can’t see, hear, smell or taste it. But it’s there—all around us—and it’s crucial for life. Composed of one carbon and two oxygen atoms, this simple molecule serves as the primary raw material out of
The Many Benefits of Rising Atmospheric CO2 — An Introduction Learn More »
This is the first article in a series. You can read the second post here. Professor Nicola Scaffeta of the University of Naples Department of Earth Sciences has just published a detailed, peer-reviewed assessment of the latest generation of global climate models. He begins by noting that there are about 40 major climate models and their climate sensitivity levels
New evidence of climate model hot biases Part I Learn More »
Contrary to the incessant bleating of office-based Great Barrier Reef “experts” (who visit the Reef a couple of weeks in a year), the reported incidents of coral bleaching are nothing new, unusual or threatening. They are common natural events no more threatening than trees shedding their leaves with the changing seasons, or occasionally in response
The Nature of Things: Trees Shed Leaves, Coral Bleaches Learn More »
“Climate change is no hoax, because the climate always changes. Modest global warming might be beneficial for the globe. But not all climate change is beneficial. Cooling would be disastrous.” “The American Geophysical Union … displays a diminishing interest in science, that is, in the disinterested pursuit of knowledge. Instead, it revels in an escalating
African Research on Solar Cycles: Science vs. Net Zero Learn More »
