News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
No shit, why were we listening to a bunch of pseudo-science experts and ignoring the pleas of Climate Scientists, Environmental Scientists and Geologists?
Is it because "economics" is in practice a discipline devoted to rationalizing the cruelty of the rich as somehow a natural and desirable state?
Not so fun thing:
There is a whole debate about the "optimal" economic path during climate change, from a GDP perspective. One of the core issues is the question of interest rate. By assuming "market typical" interest rates around 1,4%, the future quickly gets discounted so much, that no matter the economic damage, because of the underlying growth assumptions, you end up with the Stern review marking 3°C as optimal economic outcome...
https://en.wikipedia.org/wiki/Stern_Review#Discounting
Discounting into the future, the whole interest rate and debt system, assuming growth... all of these are core positions of mainstream economics.
With the illusion of being a natural science rather than a social science, economics get way too much credit and of course there is a very problematic revolving door between financial institutions and economic research/education.
Economics is basically horoscopes for old rich white dudes. They veil their practice in "scientific" language/mathematical models and then have the audacity to make claims like "future consumption should be discounted simply because it takes place in the future and people generally prefer the present to the future (inherent discounting)" or create models on the assumption that growth is forever sustainable in a closed system with inherently limited natural resources.
Really is concerning that society has yet to break free from the influence of sooth sayers. There really isn't much of a difference between the leaders of states listening to an economics major or listening to a young girl getting high on volcanic fumes at the temple of Delphi.
Most economic theorizing is, but the fundamentals are sound. There are simple equations that measure markets accurately, but they can't tell you a thing about how material reality actually behaves. They cannot tell you which technologies will have which impact. They cannot predict the future any more than gut feelings, but basic principles can explain everything accurately after the fact.
Unfortunately, economics is the most valuable science to those with power, giving ample motivation for bs ideas to flourish and accurate ideas to be misused. All science gets sensationalized, but economics gets absolutely corrupted at all levels more than any other.