- September 6, 2016
David Burress
Last Saturday, it was reported that the earthquake felt in Lawrence and the Kansas City areas was a 5.6 centered in Pawnee OK. The Oklahoma quakes are rather clearly caused by waste water injection into ground related to fracking.
When OK can’t keep its earthquakes out of Northeastern Kansas it’s time to move regulation from the ...
- September 2, 2016
David Burress
A back-of the-envelope guess is that the historic and cumulative net social value produced by the nuclear industry is distinctly negative. In other words, investing in nukes made the world economically far worse off than staying with conventional energy.
For example: nukes of the world now produce around 2.5X10**12 kilowatt hours per year. At an overinflated ...
- September 2, 2016
David Burress
Researcher John Lott is widely quoted by the NRA and other gun nuts. He is also a discredited fraud with no academic credibility whatsoever. Nevertheless he still gets quoted in mainstream media. This illustrates the desperately felt need of the MSM to be “balanced,” which is say sell papers to or seduce webclicks from both ...
- September 2, 2016
David Burress
When people praise competitive markets, most of them have no idea what they are talking about. A perfectly competitive market, as close as we can come to it, is a spot market for a perfectly indistinguishable commodity with many buyers and sellers.
Kerosene in the days before Standard Oil was a good example. What automatically happened was ...
