Sunday, March 04, 2012
An interesting and, at least to this amateur, compelling distillation of the "skeptics case" in the debate over the seriousness of anthropogenic global warming. This is an article that Richard Lindzen, professor of atmospheric sciences at the Massachusetts Institute for freakin' Technology, has been making for years.
OT from the WaPo
Why an MRI costs $1,080 in America and $280 in France
"There is a simple reason health care in the United States costs more than it does anywhere else: The prices are higher.
...sellers of health-care services in America have considerable power to set prices, and so they set them quite high. Two of the five most profitable industries in the United States — the pharmaceuticals industry and the medical device industry — sell health care. With margins of almost 20 percent, they beat out even the financial sector for sheer profitability.
The players sitting across the table from them — the health insurers — are not so profitable. In 2009, their profit margins were a mere 2.2 percent. That’s a signal that the sellers have the upper hand over the buyers."
I like the post author David Evans, because unlike the vast majority of the loudest climate skeptics, he was willing to put his money where his mouth is. He and I have a significant bet going over the pace of warming - he wins if it continues at a moderate pace, I win if it continues at the IPCC pace.
Lindzen by contrast ran away from a fair bet over his prediction that temps were as likely to fall as to rise.