tag:blogger.com,1999:blog-9959776.post19865848569734871..comments2024-02-15T04:42:41.606+00:00Comments on James' Empty Blog: Polynomial cointegration tests of anthropogenic impact on global warmingJames Annanhttp://www.blogger.com/profile/04318741813895533700noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-9959776.post-29870891272452706822013-02-11T10:19:59.491+00:002013-02-11T10:19:59.491+00:00And in case any other reader is interested, the Ed...And in case any other reader is interested, the Editor who handled this paper is no longer serving at ESD.James Annanhttps://www.blogger.com/profile/04318741813895533700noreply@blogger.comtag:blogger.com,1999:blog-9959776.post-29783048489844724552013-02-10T14:10:13.914+00:002013-02-10T14:10:13.914+00:00There's a comment on Beenstock et al in review...There's a comment on Beenstock et al in review at ESDD: http://www.earth-syst-dynam-discuss.net/4/219/2013/esdd-4-219-2013.pdf <br /><br />From the conclusions:<br /><br />"The aim of this brief note is merely to demonstrate that the conclusions<br />claimed by Beenstock et al. (2012) about the different degrees of integrability<br />of temperature and CO2 are rejected once the regime-shift nature of the measurement<br />system is taken into account. Indeed, a simple bivariate plot of temperature and<br />log(CO2ML) over the second period, matched by means and ranges, suggests the obvious: they are closely related."<br /><br />BartAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9959776.post-75514681775923026192013-01-08T20:41:38.322+00:002013-01-08T20:41:38.322+00:00> economists
Reminds me of this:
... the moder...> economists<br />Reminds me of this:<br /><br />... the modern world has actually converted debt into wealth. Positive wealth, in the form of physical assets such as land, houses, cars, etc. is ultimately perishable, but negative wealth (i.e. debt) need not be so. In fact, it is much more convenient to own 'debt' than physical assets:<br />"... the ruling passion of individuals in a modern economy is to convert wealth into debt in order to derive a permanent future income from it -- to convert wealth that perishes into debt that endures, debt that does not rot, costs nothing to maintain and brings in perennial interest" (p. 423). They explain further: (p. 424) "Although debt can follow the law of compound interest, the real energy revenue from future sunshine, the real future income against which debt is a lien, cannot grow at compound interest for long. When converted into debt, however, wealth discards its corruptible body to take an incorruptible one. In so doing, debt appears to offer a means of dodging nature, of evading the second law of thermodynamics, the law of randomisation, rust and rot. But the idea that all people can live off the interest of their mutual indebtedness is just another perpetual motion scheme -- a vulgar delusion on a grand scale."<br />-----<br />Daly H, and J. Cobb, 1994, "For the Common Good: Redirecting the Economy toward Community, the Environmentf and a Sustainable Future" -- Beacon Press, Boston.<br /><br />Quoted in: "Are Financial Markets Sustainable?" by Use Haiss and Atul Shah, Department of Accounting, Finance and Management, University of Essex, January 1999.<br />---------------<br /><br />That's what ecologists have been telling the economists all along.Hank Robertshttps://www.blogger.com/profile/07521410755553979665noreply@blogger.comtag:blogger.com,1999:blog-9959776.post-12222990571939133452012-11-28T19:28:37.358+00:002012-11-28T19:28:37.358+00:00It's not too surprising that some economists a...It's not too surprising that some economists are pleased with nonsensical results about climate that arise from neglecting physics, because they've been rewarded for decades of nonsensical results about the economy, arising from neglect of physics and behavior.Tom Fiddamanhttps://www.blogger.com/profile/00095645518031235272noreply@blogger.comtag:blogger.com,1999:blog-9959776.post-20790194342475656712012-11-25T10:36:57.540+00:002012-11-25T10:36:57.540+00:00Thanks Bart, that's an interesting set of link...Thanks Bart, that's an interesting set of links.<br /><br />Fundamentally, the argument that a time series passes various statistical tests indicating consistency with a random walk, tells us nothing about whether it actually was generated by a random process. Especially when we happen to have very good reasons to believe that it was not...James Annanhttps://www.blogger.com/profile/04318741813895533700noreply@blogger.comtag:blogger.com,1999:blog-9959776.post-29504442567018130822012-11-24T16:54:36.482+00:002012-11-24T16:54:36.482+00:00The original Beenstock manuscript has been discuss...The original Beenstock manuscript has been discussed at great lengths by "VS" (commented on by Tamino and others): http://ourchangingclimate.wordpress.com/2010/03/01/global-average-temperature-increase-giss-hadcru-and-ncdc-compared/<br /><br />I made some attempts at condensing the arguments <a href="http://ourchangingclimate.wordpress.com/2010/03/08/is-the-increase-in-global-average-temperature-just-a-random-walk/" rel="nofollow">here</a> and <a href="http://ourchangingclimate.wordpress.com/2010/03/18/the-relevance-of-rooting-for-a-unit-root/" rel="nofollow">here</a> and <a href="http://ourchangingclimate.wordpress.com/2010/04/01/a-rooty-solution-to-my-weight-gain-problem/" rel="nofollow">a sarcastic analogy on April fools day</a>.<br /><br />BartAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9959776.post-73946908686718140602012-11-22T23:36:55.694+00:002012-11-22T23:36:55.694+00:00Well Beenstock is associated with the IEA, but I&#...Well Beenstock is associated with the <a href="http://en.wikipedia.org/wiki/Institute_of_Economic_Affairs" rel="nofollow">IEA</a>, but I'm not that subtle.James Annanhttps://www.blogger.com/profile/04318741813895533700noreply@blogger.comtag:blogger.com,1999:blog-9959776.post-60095912461928179862012-11-22T22:14:40.971+00:002012-11-22T22:14:40.971+00:00buy some economists
Spelling mistake or sneaky in...<i>buy some economists</i><br /><br />Spelling mistake or sneaky insinuation?Paul Shttps://www.blogger.com/profile/15275182941476518621noreply@blogger.comtag:blogger.com,1999:blog-9959776.post-88591241457800009702012-11-22T08:41:12.048+00:002012-11-22T08:41:12.048+00:00I liked the Editor's ringing endorsement when ...I liked the Editor's <a href="http://www.earth-syst-dynam-discuss.net/3/C586/2012/esdd-3-C586-2012.pdf" rel="nofollow">ringing endorsement</a> when announcing acceptance:<br /><i>"I expect this paper will be thoroughly discussed and maybe criticized a bit. But I must say all reviewer’s comments were excellent and such challenging work is needed in our field of work. I’m therefore pleased to accept the manuscript in its final form."</i>Nick Stokeshttps://www.blogger.com/profile/06377413236983002873noreply@blogger.com