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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

Istanbul

 

 

Or coming down to earth...

 

When I was a boy, Turkey was mysterious and exotic place to me. They were not Christians there; they ate strange food; and wore strange clothes. There was something called a ‘bazaar’ where white women were kidnapped and sold into white slavery. Bob Hope and Bing Crosby, or was it Errol Flynn, got into all sorts of trouble there with blood thirsty men with curved swords. There was a song on the radio that reminded me over and over again that ‘It’s Istanbul not Constantinople Now’, sung by The Four Lads, possibly the first ‘boy band’.

 

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Fiction, Recollections & News

Reminiscing about the 50’s

 

 

Elsewhere on this site, in the article Cars, Radios, TV and other Pastimes,   I've talked about aspects of my childhood in semi-rural Thornleigh on the outskirts of Sydney, Australia. I've mentioned various aspects of school and things we did as kids.

A great many things have changed.  I’ve already described how the population grew exponentially. Motor vehicles finally replaced the horse in everyday life.  We moved from imperial measurements and currency to decimal currency and metric measures.  The nation gained its self-confidence particularly in the arts and culture.  I’ve talked about the later war in Vietnam and Australia embracing of Asia in place of Europe.

Here are some more reminiscences about that world that has gone forever.

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Opinions and Philosophy

Carbon Capture and Storage

(Carbon Sequestration)

 

 

 


Carbon Sequestration Source: Wikimedia Commons

 

At the present state of technological development in NSW we have few (perhaps no) alternatives to burning coal.  But there is a fundamental issue with the proposed underground sequestration of carbon dioxide (CO2) as a means of reducing the impact of coal burning on the atmosphere. This is the same issue that plagues the whole current energy debate.  It is the issue of scale. 

Disposal of liquid CO2: underground; below the seabed; in depleted oil or gas reservoirs; or in deep saline aquifers is technically possible and is already practiced in some oil fields to improve oil extraction.  But the scale required for meaningful sequestration of coal sourced carbon dioxide is an enormous engineering and environmental challenge of quite a different magnitude. 

It is one thing to land a man on the Moon; it is another to relocate the Great Pyramid (of Cheops) there.

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