The daily cost of the Iraq occupation: $720 million

What is a meaningful way of understanding the immense amount of money the United States spends in Iraq each day? This simple video by American Friends Service Committee compellingly gets this point across. How does one most fairly frame this issue of what the United States is spending in Iraq?…

Continue ReadingThe daily cost of the Iraq occupation: $720 million

The other kind of prostitute: sex for a sandwich.

Not all hookers are like "Kristen," the gorgeous, high-living prostitute allegedly employed by Eliot Spitzer.  Not all prostitutes work for wealthy and powerful executives or politicians.   Not all prostitution is provided under the supervision of a sophisticated club like the Emperor VIP club.   A friend of mine, Geri Dreiling, wrote…

Continue ReadingThe other kind of prostitute: sex for a sandwich.

Representative Earl Blumenauer (Oregon) recognizes the value of bicycles as a mode of transportation

On Feb. 28, Rep. Earl Blumenauer, D-Ore. submitted House Congressional Resolution 305 for consideration to the House of Representatives: “Recognizing the importance of bicycling in transportation and recreation.” I assume that this resolution is a perfectly valid reaction to this boneheaded statement by one of Bush’s appointees.

I don’t think Blumenauer’s resolution has any chance of passing, because it suggests that some money now going for highways should actually be used to encourage people to use bicycles for their transportation needs.   God forbid that we actually encourage such a perfectly sensible mode of transportation.  You know the arguments, prevents obesity, uses no fossil fuel, cheap, is perfect for urban commutes.  I’ve previously posted on some of the many reasons to use a bicycle for commuting.  There are, indeed, many reasons for doing so, especially in an urban area where many commutes are fewer than five miles.  BTW, what would a bicycle-friendly city look like?  Here’s one version.

I learned of Bluemenauer’s resolution by reading Andrew Leonard’s article in Salon.com, “Life and death and bicycling.”  Just because you use a bicycle doesn’t mean you are “green.”  Leonard includes a Sierra Club test to see how “green” you are.  I am a rather cool 92 out of 100, a very green cyclist! 

I do want to publicly thank Representative Blumenauer for bringing some much-needed attention to bicycles as a serious mode of transportation.   His resolution is chock full of statistics that should (but likely won’t) wake up those who don’t …

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How (corn) ethanol kills: a lesson in basic economics pertaining to fuel supply, fuel demand and price.

In an earlier post, I argued that people need to better appreciate that dollars are fungible (see here  and here).  Why is it important to understand that dollars are fungible?  A case in point is the new American enthusiasm for turning food into fuel. Consider this report from Fortune Magazine:…

Continue ReadingHow (corn) ethanol kills: a lesson in basic economics pertaining to fuel supply, fuel demand and price.

We are naive fools to wait for the free market to save us from impending shortages of critical natural resources

“The free market–the invisible hand–will take care of everything.”

I’ve addressed this topic of the free market as alleged panacea several times before.  I’ve referred to this blind faith in the market as unsubstantiated.  I’ve mockingly referred to the common belief in the wisdom of the invisible hand as a belief in the Fouth Person in the Holy Quartet.  Why mock?  Because stark shortages of critically important natural resources loom in every direction.   And yet we’re in denial. You deny the denial?  Then how is it that we tolerate, this year, big U.S. metropolitan areas like Raleigh-Durham and Atlanta had only a few weeks left of their municipal water supplies?  We tolerate that we are drawing down unreplenishable water sources throughout the desert southwest.  Intelligent civilizations don’t deny such dangers.  They consciously deal with their problems.

I’ve just read a well-phrased description of why the modern version of the free market can’t save us from our problems regarding impending shortages of essential natural resources.  The following quote is from a new book available free on-line from Population Connection: PLAN B 3.0: Mobilizing to Save Civilization, by environmental analyist, Lester R. Brown (2008).

Now with the economy as large as it is, the indirect costs of burning coal—the costs of air pollution, acid rain, devastated ecosystems, and climate change—can exceed the direct costs, those of mining the coal and transporting it to the power plant. As a result of neglecting to account for these indirect costs, the market is undervaluing

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Continue ReadingWe are naive fools to wait for the free market to save us from impending shortages of critical natural resources