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Thomas Carlyle coined this epithet in 1839 while criticising  Malthus, who warned of what subsequently happened, exploding population.

According to Carlyle his economic theories: "are indeed sufficiently mournful. Dreary, stolid, dismal, without hope for this world or the next" and in 1894 he described economics as: 'quite abject and distressing... dismal science... led by the sacred cause of Black Emancipation.'  The label has stuck ever since.

This 'dismal' reputation has not been helped by repeated economic recessions and a Great Depression, together with continuously erroneous forecasts and contradictory solutions fuelled by opposing theories.  

This article reviews some of those competing paradigms and their effect on the economic progress of Australia.


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Travel

India and Nepal

 

 

Introduction

 

In October 2012 we travelled to Nepal and South India. We had been to North India a couple of years ago and wanted to see more of this fascinating country; that will be the most populous country in the World within the next two decades. 

In many ways India is like a federation of several countries; so different is one region from another. For my commentary on our trip to Northern India in 2009 Read here...

For that matter Nepal could well be part of India as it differs less from some regions of India than do some actual regions of India. 

These regional differences range from climate and ethnicity to economic wellbeing and religious practice. Although poverty, resulting from inadequate education and over-population is commonplace throughout the sub-continent, it is much worse in some regions than in others.

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Fiction, Recollections & News

The Soul of the Matter

 

 

 

 

 

 

It's hot, dry and dusty when they finally arrive in Jaisalmer.  But then, how often is it not? 

In the markets a wizened woman of indeterminate age is using a straw broom to aggressively sweep the area in front of her shop. The dust will soon be kicked back by passersby or swept back by her neighbours; requiring her to sweep again and again.  She will do the same again tomorrow; and the day after; and the day after that.

Jennifer's mind is elsewhere. She's has dreamt of visiting exotic India ever since a client at the hairdressers told her, with enthralling details, of her adventures here.

They've arrived in the dusty city in the late afternoon, by road from Jodphur.   In spite of his preference to visit California again, she's finally persuaded Bruce that he might like India and should try something a bit less conservative.

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Opinions and Philosophy

The Chimera of Clean Coal

The Chimera - also known as carbon capture and storage (CCS) or Carbon Sequestration

 

 


Carbon Sequestration Source: Wikimedia Commons

 

Whenever the prospect of increased carbon consumption is debated someone is sure to hold out the imminent availability of Clean Coal Technology; always just a few years away. 

I have discussed this at length in the article Carbon Sequestration (Carbon Capture and Storage) on this website. 

In that detailed analysis I dismissed CCS as a realistic solution to reducing carbon dioxide emissions for the following reasons:

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