"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?"

Monday, January 31, 2011

More Yikes





Update Tuesday evening: So far these predictions are looking remarkably accurate.

12 comments:

Oale said...

why yikes? looks like perfectly normal winter weather to me.

Michael Tobis said...

That's about 4000 km wide.

Oale said...

can't people teleport around it? sorry, havin a bit of a hangover.

Oale said...

Read about that @Masters' underground, sounds like a lot of shovelling. Here we had recently a Savonian snowstorm that left ~15000 houses out of the grid, of course this is quite normal for us and most farms have backup generators. Might push some people to upgrade their infra.

Deech56 said...

Our newsradio station, WTOP, did say last week that the OPM had encouraged federal workers to teleport - I tried, but ended up teleworking instead.

Nick Dearth said...

Should be an interesting drive in to work tomorrow (I'm just NE of Cincinnati).

Aaron said...

The good thing is that it pushed The Weather Channel to talk about climate change and extreme weather. I almost fell off my seat.

A little more discussion of climate/extreme weather by MSM, and some congressmen will have to explain why they do not accept "global warming."

Now, if we can just get Fox and Accuweather.com to report the scinece. . .

bigcitylib said...

I like the way your weather guys all show the snow stopping at the Canadian border. Hope they're right.

Steve Scolnik said...

The impact zone in the Northeast is already substantially above normal in snowfall for the season:
Mid-Winter Snowfall Review

Jim Bouldin said...

A blizzard warning that extends from N Texas to Saginaw MI, 100 miles wide, and a winter storm warning that extends uninterrupted from SW New Mexico to coastal Maine, is not "perfectly normal winter weather" Oale.

David B. Benson said...

We could use some more snow around here.

Rather have it snow in the mountains and the fields, skipping town tho'.

Oale said...

Looking at photos I'll have to say that would have put even us in Finland to a temporary standstill.