Economics – Dec 10

The 5 Most Important Forecasts of 2008
A conversation about economics with Nassim Taleb
Create your own currency
Treasuries trade at a negative interest rate (briefly)
Heading for zero

My wilderness

I walk from one part of my property to another as through a continuous wilderness. The vegetable rows, the woods, the pasture, the creek bottom, the little grain- and hayfields are all “garden.” They are all part of the Great Garden that once covered the Earth and might cover it again. As I walk, I pass only from one realm of the Great Garden to another.

State legislator promotes neighbors helping neighbors

Do you know your neighbors? If you don’t, get to know them soon because none of us knows when we might need them or when they might need us.

Several weeks ago I attended a meeting in Montpelier, capital of Vermont, in which that city’s Mayor, Mary Hooper, and Vermont State Representative, Patricia McDonald (R-Berlin) outlined detailed preparations being made by concerned citizens in Montpelier and Berlin to assist the most vulnerable folks in their towns with surviving the cold winter. While this kind of effort may be popular at the neighborhood, city, or town level across America, it is rare that a state representative signs on to it as passionately as McDonald has…

Transport – Dec 9

New York Commuters Take to Bikes, Can’t Find Spot to Park Them
Detroit has run out of road. The car’s future lies in Europe
Transport: Time to Think Outside the Metal Box
New Ridership Record Shows U.S. Still Lured to Mass Transit
Loans to Rescue U.S. Automakers Near Approval
Impose license fee on King County cyclists

Gleanings from Fatih Birol’s presentation of the WEO 2008 to the Council on Foreign Relations

Dr. Birol said, “If you read the report carefully, or run a word search on it, you will see that two words occur more frequently than any others. The first word is “oil”. The second word is “if”.” This got a rumbling chuckle from the audience. But no one publicly connected the dots that in order for the IEA’s supply projections to work out, ALL of the non-trivial IFs mentioned in his talk must materialize.