Ridicule and Dismal Science

Guest essay by Tom Scott

Do you recall the last presidential election season, when the New York Times, Washington Post, and other media giants ridiculed those who argued that the US could bring retail gasoline prices down to $2.50 per gallon by maximizing production? Many pundits and “experts” read the same memo and went straight for Alinsky’s rule #5: “Ridicule is man’s most potent weapon.” The mainstream media was flooded with similar messages, but here is a classic by Richard Thayler from March 31, 2012:

“Newt Gingrich, meanwhile, has promised us $2.50-a-gallon gasoline. But if we can suspend the law of supply and demand, why stop with gasoline? Why not $2.50 for one-carat diamonds, steak dinners and 18-year-old Scotch whiskey?”

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Of course, the author knew the “proper” way to balance supply and demand and reduce gasoline prices:

“A better approach would be to gradually raise the gasoline tax to levels similar to those in Western Europe, where fuel-efficient cars are the norm. N. Gregory Mankiw — the Harvard economist who advises Mr. Romney and is a fellow contributor to the Economic View column — has long advocated such a policy. I agree with him, as do most other economists.”

Well, such ridicule helped to win an election later that year, but by the end of 2014 most US drivers could find gasoline for under $2.50 per gallon, and today EU energy consumers save about $50 per barrel of oil as compared to 2012 prices, almost a billion US dollars daily, due largely to the increase in US production and the ripple effects on the world market.


Source: https://blog.gasbuddy.com/Retail_Price_Chart.aspx

With that in mind, as discourse becomes heated this election season, remember that ridicule is a socio-political tactic, not a legitimate tool of the sciences.

Source: WUWT 



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Why do CO2 lag behind temperature?

71% of the earth is covered by ocean, water is a 1000 times denser than air and the mass of the oceans are 360 times that of the atmosphere, small temperature changes in the oceans doesn’t only modulate air temperature, but it also affect the CO2 level according to Henry’s Law.

The reason it is called “Law” is because it has been “proven”!

“.. scientific laws describe phenomena that the scientific community has found to be provably true ..”

That means, the graph proves CO2 do not control temperature, that again proves (Man Made) Global Warming, now called “Climate Change” due to lack of … Warming is – again – debunked!