The plutocracy is no meritocracy
Many of the spate of recent articles on the super-rich, such as the influential one in The Atlantic have accepted the idea that the plutocracy is meritocratic: the wealth is earned. I have my doubts, and had a look at how and where the richest of the super-rich made their money. (more…)
Don’t trust complex climate models
Posted by Graeme in Uncategorized at 12:14 pm on Tuesday, 18 January 2011
My previous post did not make it clear why climate models are so similar to complex financial models, which failed so spectacularly. (more…)