Friday, September 24, 2010

Power From The Earth ?

From Tea With The Economist:

Power from the earth: The largest generator. There is enough heat stored just below the earth's surface to potentially meet the world's energy needs. But can we tap it?

Tuesday, September 21, 2010

Tea With The Economist: Sidney Rittenberg

Mao's interpreter on the evolution of individual ambition, China's development, and why Mao was the best listener he ever met. . . 

Monday, September 20, 2010

Visa Restrictions

From The Economist:

THE ability to visit a foreign country without the cost and hassle of obtaining a visa is a welcome bonus for any traveller. It is also a barometer of a country's international alliances and relations. A report released on August 25th by Henley & Partners, a consultancy, shows that Britons have the fewest visa restrictions of the 190-odd countries (and territories) for which data are available. British citizens can enjoy a three-day stay for business or pleasure to 166 destinations without needing a visa.

Not included in the chart below are New Zealand and Australia, which are both ranked 9th = with Canada.


Economist source here. Henley & Partners Visa Restrictions Index Global Ranking 2010 source here

Saturday, September 18, 2010

Cardinal Sinister





Cardinal Sinister by Nick Walker

Friday, September 17, 2010

Diversions. . .


What is so bad about religion?

Well, it encourages you to believe falsehoods, to be satisfied with inadequate explanations which really aren't explanations at all. And this is particularly bad because the real explanations, the scientific explanations, are so beautiful and so elegant. Plenty of people never get exposed to the beauties of the scientific explanation for the world and for life. And that's very sad. But it's even sadder if they are actively discouraged from understanding by a systematic attempt in the opposite direction, which is what many religions actually are. But that's only the first of my many reasons for being hostile to religion.

My sense is that you don't just think religion is dishonest. There's something evil about it as well.

Well, yes. I think there's something very evil about faith, where faith means believing in something in the absence of evidence, and actually taking pride in believing in something in the absence of evidence. And the reason that's dangerous is that it justifies essentially anything. If you're taught in your holy book or by your priest that blasphemers should die or apostates should die -- anybody who once believed in the religion and no longer does needs to be killed -- that clearly is evil. And people don't have to justify it because it's their faith. They don't have to say, "Well, here's a very good reason for this." All they need to say is, "That's what my faith says." And we're all expected to back off and respect that. Whether or not we're actually faithful ourselves, we've been brought up to respect faith and to regard it as something that should not be challenged. And that can have extremely evil consequences. The consequences it's had historically -- the Crusades, the Inquisition, right up to the present time where you have suicide bombers and people flying planes into skyscrapers in New York -- all in the name of faith.


  • Hugh Hendry and Linda Yueh discuss the importance of potash and how demand for the stuff is changing and how geo-politics are playing a part:




  • A veganism advocate recants: Pinko-Greenie George Monbiot has an excellent article in The Guardian discussing Simon Fairlie's recently published Meat: A Benign Extravagance. He talks of the gross inefficiencies of intensive, confined farming of some animals, and that rearing animals for meat can become an efficient means of food production when the animals are pasture reared. He argues that increasing global meat consumption is sustainable, but not using the current farming model. The often cited 10:1 ratio of how much grain it takes to produce an equivalent weight of meat is more like 2:1 or even less, once the farming model is adjusted. He also debunks the argument that farming is killing water reserves to the extent it is and the high levels of greenhouse gases animals produce. The evidence has curious implications for low-cost meat and dairy producers like New Zealand, where ruminant farm animals largely eat pasture. Such low-cost production has been an enduring competitive advantage. But with Fairlie arguing that much of carbon generation from meat farming being generated further down the value chain in transportation, perhaps New Zealand's low-cost production advantage will whittle away once negative externalities like carbon generated from transportation are properly accounted for. I mentioned such a threat to New Zealand and its industries back in January in a post about Jeff Rubin. Well worth a read;
  • Farm Geek has an interesting post on Peak Phosphate and whether New Zealand should get all protectionist about its phosphate supplies. Governments act in strange ways once a resource is labelled a "strategic resource";
  • Wall Street and hedge funds using satellite surveillance to gather market-moving information? Yes, really;
  • Paul Kedrosky on TechCrunch in a series of mini interviews talking about how we're now in a depression, the death of big VC, how airlines suck, and clean tech;
  • Back on August 29 a guy disappeared off the beach in the Bahamas where parts of Jaws were shot. On September 4, a local investment banker caught a 4m shark near the same spot. When it was being landed, who popped out but parts of the guy that went missing the week before. Check it out;
During the past few months, I was told, Sheikh Mohammed has been trying to confront his dream’s collapse. He has said little publicly about the economic meltdown, other than issuing a handful of sunny pronouncements about Dubai. “Sheikh Mo is an angry man,” I was told by a source who knows him well; he feels “betrayed” by the real estate promoters who had assured him to the end that their ventures were healthy. According to my source, the sheikh has been taking long solo drives in his Mercedes at night, stopping in front of construction sites, and gazing pensively at the many vacant and half-built skyscrapers. Mohammed recently completed his autobiography for a US publisher with the assistance of a ghostwriter, but, a source in publishing said, he had refused to add a chapter about the bursting of the real estate bubble, the debt crisis, and the bailout by Abu Dhabi. He saw no reason to discuss these sources of humiliation. As a result, I was told, the book will never see the light of day.

  • Ruth Richardson, former Finance Minister of New Zealand, was recently on CNBC arguing for a bit of Austrian Ruthanasia for near bankrupt Western states:



Thursday, September 9, 2010

Not What The Religulous Want To See. . .

These graphs were taken from the OK Trends blog, which is authored by a couple of statisticians from OK Cupid. The sample data driving the graphs below was taken from 526,000 OK Cupid profiles with user self-stated race, and then analysed using the Coleman-Liau Index to analyse the profile text. This is what they found:








. . . . And in case you never made it to the cinema to see it, here is Bill Maher's most excellent Religulous in its entirety:


Friday Tunes

Here's one from the past. . .



Juliana Hatfield - What A Life






Santigold - Lights Out

Thursday, September 2, 2010

John Key @ 25 ?

Here's a short documentary on the life of a FX trader in NZ in the 80s - and the focus is on John Key at 25, decades before he became Prime Minister of NZ. . . check out the glasses !