"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 21 hours Major League Baseball Turns To Blockchain Tech
  • 2 days Institutional Investors Hold A Lot More Crypto Than You Think
  • 2 days U.S. Treasury Yields Could Be About To Break Out
  • 2 days Tesla Stock Stumbles On Model 3 Cancellations
  • 2 days Yuan Rebounds At The Expense Of The U.S. Dollar
  • 2 days Iraq Unplugged: No Internet, No Protests, No Money
  • 2 days The Tariff War Could Spark A Debt Crisis In China
  • 3 days Gold Selloff Continues As Dollar Climbs Higher
  • 3 days Gold Investors In A Frenzy Over Sunken Russian Warship
  • 3 days The New King Of Electric Cars
  • 3 days BlackRock Goes Bitcoin
  • 3 days U.S. Banks See Best Earnings Report In Years
  • 3 days The Case For Gold Is Not About Price
  • 3 days Stock Market Sentiment Turns Bullish
  • 4 days What Is Bitcoin Really Supposed To Be?
  • 4 days The Surprising Media Giant Taking On Netflix
  • 4 days Cybersecurity Stocks Are Red-Hot As Election Looms
  • 4 days Americans Grow Weary Of U.S. Trade Policy
  • 4 days What Putin Really Wants From Trump
  • 4 days Europe’s EV Sales Growth Is Slowing
Chinese IPO Fervor Slows As Xiaomi Disappoints

Chinese IPO Fervor Slows As Xiaomi Disappoints

The Chinese IPO space was…

The Biggest Winners Of Q2 Earnings Season

The Biggest Winners Of Q2 Earnings Season

The second quarter of 2018…

3 Reasons Small-Cap Stocks Are Booming

3 Reasons Small-Cap Stocks Are Booming

As major market indexes waiver,…

Political Science Dogma

"We are already experiencing dangerous human disruption of the global climate. To continue to ignore the problem would be flirting with catastrophe"
-- Sunday Times, September 3, 2006.

This alarm was uttered by John Holdren, who is now Director of the White House Office of Science and Technology. Holdren completed a Ph.D in physics in 1970 and has been a political activist since.

He got in to the prestigious National Academy of Science through a "temporary nominating group" designed to gain entry for climate alarmists. Holdren has been mainly employed by the Woods Hole Research Center, which should not be confused with the apolitical Woods Hole Oceanographic Institution.

In earlier times, he was a fellow traveler with Paul Ehrlich, and in the mid-1980s predicted that climate catastrophes could kill around 1 billion people by 2020.

"Climate change will bring a screeching halt to human civilization and threaten the fabric of life everywhere on Earth."
-- Al Gore, Washington Post, January 29, 2009.

Some Science: A couple of our special essays addressed the mania about what was called "Global Warming" and is now called "Climate Change". Our January 2008 piece, "Intellectual Hysteria", noted that such manias typically erupted towards the culmination of a great boom in asset prices. In the 1860s a leading economist, Jevons, had a personal revelation that severe shortages of coal would end civilization. His book "The Coal Question" can be read on the internet.

Our July 2008 study, "Global Warming", included a cartoon with the caption that "The karma of geophysics would soon overwhelm the dogma of global warming religions". Changes in solar and volcanic activity were indicating the probability of some global cooling. These influences have continued, as the decline in solar output for all of 2008 is now the most distinctive since 1913. This is updated as follows:

"My running mean of the International Sunspot Number for 2009, just dipped below 1.00. For anything comparable you have to go back before 1913 (scored a 1.43) which could mean we're now competing with the Dalton Minimum."
-- Paul Stanko, National Oceanic and Atmospheric Administration
(NOAA), April 21, 2009.

Another way of looking at the numbers for 2009 to April 23:

Spotless Days
2009 98 88%
2008 270 74%
1913 310 85%

The solar minimum is defined as starting with the first blank day.

  • Typical Solar Min: 485 days.
  • Since 2004: 609 days.

There is no way that the mania for political science can spin the numbers or the effect.

The deep minimum called the Dalton Minimum ran from 1790 to 1830.

There is no certain forecast on the duration of this deep minimum.


Back to homepage

Leave a comment

Leave a comment