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As global warming advances, risky responses gain a following

19.05.12

Making like Pinatubo Like others before him, Davidson argues for manmade mimicry of a famous natural interruption in the planet’s warming trend — the 1991 eruption of Mount Pinatubo in the Philippines, which pumped 20 million metric tons of sulfur... As the years roll by with essentially no meaningful progress on cutting carbon emissions, “geo-engineering” solutions like Davidson’s attract more attention and perhaps even faith from those inclined to believe that since technology got us into... (A piece on Davidson’s idea in The Chemical Engineer   has drawn favorable references in places as diverse as Gasworld   and Earth Times. And the idea of mirroring sunlight away from Earth is not, at a certain conceptual level, completely insane. According to The Chemical Engineer:.

Source: MinnPost.com

Reviving the Ummah Chapter 6 Economic Model

19.05.12

and, stated in purely economic terms, it. is a question as to how profits and risks may be equitably shared by both. new dimensions and a fresh economic meaning to this term which, for want of a. better word, may be rendered as “usury”. transactions fall within the category of riba is, in the last resort, a moral. definition in mind, we realize that the question as to what kinds of financial. double question in a rigid, once-for-all manner. development – and, thus, his economic environment – is subject. our answers must necessarily. the Quranic condemnation of the concept and practice of riba is unequivocal and. It is, of course, impossible to answer this. partners to a loan transaction. final, every successive Muslim generation is faced with the challenge of giving.

Source: GrandeStrategy

Hallucinations on Curing Unemployment; Modeling the Model - Phil's ...

by Ilene

That would be the same model that failed to grasp that mortgage loans made during a period of exceptionally low interest rates by lenders with no skin in the game might not be repaid, putting major financial institutions on the brink of insolvency. the same model that failed to see the millions of jobs that would be lost if housing and credit bubbles were allowed to inflate until they burst. the same model that failed to understand how new and exotic derivatives based on these mortgages would perform. 7 trillion of Treasuries, agency and mortgage-backed bonds in late 2008 and 2009 and including the current $600 billion of intermediate- and long-term Treasuries, “will have raised private payroll employment by about 3 million jobs,” said Fed Vice......

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