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There is no climate crisis; nature dominates, not fossil fuels

April 1, 2021 by Richard Schulman 1 Comment

by Richard Schulman Nature dominates Earth’s climate: there is no climate crisis. Human combustion of fossil fuels has powered unprecedented economic growth and prosperity. The human contribution to the warming that has taken place since the 1880s — when temperatures began recovering from the Little Ice Age (1300-1850) — has been minor and, in fact, […]

Filed Under: Climate  Tagged: Henrik Svensmark, Ján Veizer, Nir Shaviv, William Happer

Inactive sun leads to prediction of colder winters

March 3, 2021 by Richard Schulman 7 Comments

A new theory relating the sun’s changing activity levels to climate undercuts global warming alarmism and the Biden green programs. The theory’s prediction of colder winters over the next three decades takes on especial importance given the mid-February near-collapse of the Texan and German energy grids. When faced with an unexpectedly severe cold spell, they […]

Filed Under: Climate  Tagged: Henrik Svensmark, John von Neumann, Maunder Minimum, parameterized models, physics-based theories, solar cycles, Valentina Zharkova

FDR’s Failed New Deal and Biden’s Retread

February 17, 2021 by Richard Schulman 2 Comments

Government policies mandating elevated wage rates during the Great Depression priced millions of poor people out of work for the duration of the 1930s. Now the Biden administration, having learned nothing, is determined to repeat FDR’s disaster, even down to the “New Deal” name and its “100 Days.” by Richard Schulman Biden’s New Deal and […]

Filed Under: Economics  Tagged: adjusted real wages, Franklin Delano Roosevelt, George Selgin, Lowell E. Gallaway, New Deal, Richard K. Vedder

Does the semiconductor industry need government subsidies?

February 15, 2021 by Richard Schulman Leave a Comment

The Feb. 8-14, 2021 roundup of major trade developments The weekly trade report with LC The shortage of semiconductor chips needed for automobile production is causing an estimated $61 bn. loss of sales for the auto industry. The shortage is also impacting other industries that are dependent on semiconductors: cellphones, computers, electronic games, household appliances, […]

Filed Under: Trade  Tagged: anti-dumping duties, government subsidies, semiconductors

Biden trade policy: meet new boss, worse than old boss

January 25, 2021 by Richard Schulman 1 Comment

Biden trade policy is shaping up to be variant of Trump’s failed protectionism: Buy American, domestic-content rules, screw allies (Canada first), a cheap dollar, Section 301 tariffs, government subsidies to the favored, and no TPP — but without the abundant, reliable, inexpensive, domestically-produced energy of the Trump administration. The weekly trade report with L.C. Biden […]

Filed Under: Trade  Tagged: Brad W. Setzer, Buy America, Canada, CPTPP, domestic-content rules, Janet Yellen, Keystone XL pipeline, Larry Summers, Paris Agreement, worker-centered trade policy

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