How to run the world for free

The sky is falling

Get used to it. Maybe get an umbrella. A really strong one. Parts of a major expressway in downtown Toronto started falling on the street below this week. Initial reactions by officials were that everything is fine. Which, of course, it is not. It may not be a big structural issue for the Gardiner to have its superficial outer layer flaking off, but it sure is a big health issue for anyone walking or driving on the Lakeshore underneath it.

This is just another piece of crumbling infrastructure which we can't pay to keep up. Which, it turns out, is built into the North American way of life. Someone pointed me at this series of articles this week. They are very well reasoned and full of evidence in the form of case studies. I strongly recommend you take the time to read them all, but if you are really pressed, I'd say read #2 and #5.

And then, remember this: whatever you're paying – in taxes, for goods, for services – it's not enough. And if you don't pony up, eventually the sky will fall on your head.

The Growth Ponzi Scheme

1. The Mechanisms of Growth - Trading near-term cash for long-term obligations.


2. Case studies that show how our places do not create, but destroy, our wealth.


3. The Ponzi scheme revealed - How new development is used to pay for old development.


4. How we've sustained the unsustainable by going "all in" on the suburban pattern of development.


5. Responses that are rational and responses that are irrational.

The WTF Economy

This article about companies that are thriving despite a bad economy is not improving my outlook on humanity. Company number 4 is Snuggie.

I think we have a smoking gun here: the economy collapsed because the education system in the US is so bad that people no longer know how to use a blanket by the time they reach adulthood.

Have Your Cake and Eat It, Too

There's all sorts of stuff I could write about: I just got back from Halifax; I've been to two scientific conferences in the last 2 weeks; the gardens (there are two this year) are in and growing; there are countless other things in my head right now.

But there's something that's been bugging me for a while, and the way the markets are behaving right now has reminded me. It's like, deep down inside, people are terrified that the current system is broken, but they don't really know what to do about it because there is no alternative, so they're just swinging their money around panicky willy-nilly.

All the while, the so-called experts are saying that everything is fine, the system is on the mend. Nothing was wrong with the foundations of the old system, it was only some dead wood that needed removing. So go ahead and invest in banks and manufacturing and all those other things which led to the economic catastrophe. The experts can see the future and it is good.

But wait, aren't these the same experts who spent 6 months telling everyone that the financial meltdown wasn't their fault because "no one could have predicted it"? Ah, so, don't blame you for the crisis because you don't have a crystal ball, but listen to you now because you can forsee the recovery?

Well, which one is it, guys? Can you predict the future or not? Evidence suggests not.