It has been a long time since I read something that made me this hopeful about the future:
Fully 42 percent of seniors say greed and speculation are behind higher gas prices, compared with just 13 percent of adults aged 18 to 29. Young adults are twice as likely as seniors to say economic factors and overseas developments are the primary causes. (more)
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By Robin Hanson · Hundreds of paid subscribers
This is a blog on why we believe and do what we do, why we pretend otherwise, how we might do better, and what our descendants might do, if they don't all die.
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The very sudden and rapid fluctuations in oil markets are not being driven by very sudden and rapid fluctuatioins in oil consumption.