Policy Tensor on the consequences of a Russian nuke ( HT Marginal Revolution ) was very interesting:  Consider the least escalatory option, that of a “demonstration detonation”: Russian forces air-burst (to avoid the nuclear fal…

One of the most important and under-reported struggles under the radar is the politicization of administrative agencies, and the effort to cement via those agencies policies that Congress will never vote for, but that once enshri…

While the rest of the Fed climbs on the maybe-anvils-might-fall-from-the sky climate financial risk fantasy,  Chris Waller has the courage in Haiku-simple prose to state that the emperor has no clothes.  I cannot support this i…

I was for Fixit, not Brexit. The EU is a great idea. They put together articles of confederation, empowering an out of control bureaucracy. OK, we did that too, minus the bureaucracy part. Try again, with a real constitution, a r…

Most legislation or regulation that spends hundreds of billions of dollars aimed at a purpose is extensively analyzed or scored to that purpose. OK, the numbers are  often, er, a bit unreliable, but at least proponents go through…

I wrote a review of Stuart Kirk's climate finance speech , which among other things criticized the Dutch Central Bank for putting fingers on the scale in order to make "climate financial risk" look bigger than it is…

Stuart Kirk of HSBC (head of worldwide responsible investing!) gave an eloquent short speech on climate financial risk.   Youtube link  in case the above embed doesn't work.  Most of the points are familiar to readers of this…

Two era-defining articles popped up in today's Wall Street Journal.  In " the coming global crisis of climate policy, " Joseph Sternberg writes  ...Anyone who still thinks climate change is a greater threat than cli…