The “Texas House Approves “Denton Fracking Bill”” aka HB40, marches closer being signed into law by Governor Abbott. All those places, like say, Austin, where fracking is something mostly invisible that happens way out west, need to wake up. The bill … Continue reading Fraccidents coming to a neighborhood near you, soon
Why Nations Fail is a fascinating book, by Acemoglu of MIT and political scientist, James Robinson. They posit that economies that have abundant natural resources can be easily captured by groups that become politically powerful. The authors view is that an abundance of natural resources, which may seem like a blessing, often turns out to be a blessing for a select few and, for the rest of a country’s citizens, a curse. It’s called the natural-resource curse. The natural-resource curse is well understood economic equation, there are a number of papers on it, this one by Sachs and Warner, the … Continue reading Why Nations Fail, does this apply to Texas?
It’s not the claim in this article, well researched and with many links that scare me that some 30 Texas towns are running out of water, that I find scary. I’m sure overtime, given the size of Texas there is some natural occurrence of this, and it can be measured and to some degree predicted. What I find most concerning, and it’s not the first time I’ve heard it, but when you see it in writing on a respectable website, it really hits home. It’s this We’ve got to get floods. We’ve got to get a hurricane to move up … Continue reading Water, water everywhere…