You’re right, I suspect the two choices are two ends of a spectrum and almost everyone would choose a mix of the two. But I suspect 2 will turn out to be both more unpleasant and less ‘enforceable’ t… (View Post)

@viewcode this is worth more than a like. An admirably pithy description that could be applied to many more concepts in economics! (View Post)

For quite a while I’ve felt the most likely outcome over the next 50 years or so is essentially the film Children of Men (without the fertility issues, but with the ‘fortress Britain’ mentality). I b… (View Post)

Hmm…a year of running conventional fuel before potentially commercialising a new more environmentally friendly technology? Sounds like exactly the sort of entrepreneurial risk we would want people to… (View Post)

Both good posts, which just goes to show there are no easy answers to this stuff. (View Post)