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Politics : Formerly About Advanced Micro Devices

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To: RMF who wrote (912590)	1/7/2016 8:55:15 AM
From: Brumar89	Read Replies (1) of 1576613

Weather Related Losses Have been In Decline Since 1990 January 6, 2016 tags: insurance By Paul Homewood https://twitter.com/RogerPielkeJr/status/684740869707071488 An interesting tweet from Roger Pielke Jnr. We hear a lot about the ever increasing weather related losses, but measured as a percentage of GDP, it turns out that the reverse is true. notalotofpeopleknowthat.wordpress.com ...... David Richardson permalink January 7, 2016 9:53 am Slightly O/T but certainly related is the idea that the World is getting worse all the time – when the opposite is true. That is not to make light of the problems we do have. Fraser Nelson touches on this in the current edition of the Spectator. http://blogs.spectator.co.uk/2016/01/why-2016-will-have-less-poverty-hunger-and-disease-than-any-year-in-human-history/ One of the books he mentions that document where we actually are – not where the Malthusians say we are, is Matt Ridley’s book The Rational Optimist. I read the book when it came out and went to see him speak on the subject. It is full of examples of how time has changed for the better, but one that it is obvious but you don’t think about it is – ” How long do you actually have to work to earn an hour of reading light if you’re on the average wage in Britain today? And the answer is about half a second. Back in 1950, you would have had to work for eight seconds on the average wage to acquire that much light. And that’s seven and a half seconds of prosperity that you’ve gained since 1950, as it were, because that’s seven and a half seconds in which you can do something else, or you can acquire another good or service. And back in 1880, it would have been 15 minutes to earn that amount of light on the average wage. Back in 1800, you’d have had to work six hours to earn a candle that could burn for an hour. In other words, the average person on the average wage could not afford a candle in 1800.” Basic but prosperity has been the driver for all our development.

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