"System change is now inevitable. Either because we do something about it, or because we will be hit by climate change. '...

"We need to develop economic models that are fit for purpose. The current economic frameworks, the ones that dominate our governments, these frameworks... the current economic frameworks, the neoclassical, the market frameworks, can deal with small changes. It can tell you the difference, if a sock company puts up the price of socks, what the demand for socks will be. It cannot tell you about the sorts of system level changes we are talking about here. We would not use an understanding of laminar flow in fluid dynamics to understand turbulent flow. So why is it we are using marginal economics, small incremental change economics, to understand system level changes?"

Thursday, July 24, 2008

Filling Texas up from the bottom

It's amusing, the way Americans draw their maps... They don't even see it as odd.

The image the from National Weather Service shows 24-hour precipitation in southern Texas ending at 7 am CDT this morning. The white area represents 10" or more.

Hope things are going well down in the valley - on both the side which exists and the one which doesn't. Dolly is losing energy but still is providing plenty of moisture. Up here we got a few sudden splats but that's it.

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