Saturday, December 21, 2024

But for dumb regulation, we would have cheap Nuclear Power and Supersonic planes

From the Grumpy Economist:
In the 1960s, nuclear was supposed to bring the amazing post-scarcity Jetsons future. It could have brought the amazing post-scarcity Jetsons future. But then regulators/environmentalists/the mob destroyed its potential and condemned us to fifty more years of fossil fuels. If society hadn’t kneecapped nuclear, we could have stopped millions of unnecessary coal-pollution-related deaths, avoided the whole global warming crisis, maybe even stayed on the high-progress track that would have made everyone twice as rich today. … ...
For example, consider supersonic flight. Supersonic aircraft create “sonic booms”, minor explosions that rattle windows and disturb people underneath their path. Annoyed with these booms, Congress banned supersonic flight over land in 1973. Now we’ve invented better aircraft whose booms are barely noticeable, or not noticeable at all. But because Congress banned supersonic flight - rather than sonic booms themselves - we’re stuck with normal boring 6-hour coast-to-coast flights. If aircraft progress had continued at the same rate it was going before the supersonic ban, we’d be up to 2,500 mph now (coast-to-coast in ~2 hours). Can Congress change the regulation so it bans booms and not speed? Yes, but Congress is busy, and doing it through the FAA and other agencies would take 10-15 years of environmental impact reports. ...
Supersonic flight and nuclear power are two great economic counterfactuals. Like the Chinese emperors of the 1400s who abandoned ocean sailing, our society abandoned two great technologies. Who knows what the world would look like today with abundant power and widely developed supersonic airplanes — and all the technology that would have followed from those two?

2 comments:

  1. Hello Everyone
    Fresh stuff available with best connectivity
    Active & Live Fullz
    Success Ratio 80-90%

    USA UK CANADA Fullz Tele - @ killhacks

    SSN NIN SIN with DOB Address & other info
    Real Dl photo Scans of Many Countries (USA,UK,CA,RU,GR,AUS,FR,etc.)
    Fullz with issue & expiry dates DL
    Business EIN Company Fullz with address
    Young & Old age Fullz 1960 below & 2002 above

    Contact Us for fresh stuff
    ***************************
    What's App = +1.. 7277... 886... 129
    Tele Gram = @ killhacks - @ leadsupplier
    E mail = hacksp007 at g mail dot com
    Skype = @ peeterhacks

    USA real DL Photo front back with SSN
    DL with W-2 form & SSN
    DL Photo with SSN scanned card

    UK Fullz with NIN DOB Address
    UK NIN DOB DL Address Phone no.
    UK NIN DOB Address sort code & account no. Email

    Canada SIN DOB Address Email Phone
    Canada SIN DOB Address MMN Email Phone
    Quebec|Ontario|BC|Alberta All states info available
    Canada DL Front Back with Selfie

    Fresh Stuff Guaranteed
    Bulk quantity available
    Valid & Verified Info Fullz
    Payment only in Crypto

    #SSNFULLZ #SINFULLZ #NINFULLZ #SSNDOBDL #NINDOBSORTCODE #SINDOBMMN
    #USAFULLZ #UKFULLZ #CANADAFULLZ #FULLZPROS #SELLSSNDOB #SELLSSNDL
    #SSNDOBDLFULLZ #DLSCAN #DLSELLSCAN #CVVDUMPS #SELLCCCVV #SELLDUMPS

    ReplyDelete
  2. FULLZ AVAILABLE FRESH & UPDATED TELE-leadsupplier

    USA UK CANADA All Cities & States info available
    SSN USA
    SIN CANADA
    NIN UK

    DL FRONT BACK USA UK CANADA
    DL FRONT BACK with SELFIE & SSN USA

    SSN DOB DL ADDRESS EMPLOYEE & BANK INFO FULLZ
    SIN DOB ADDRESS MMN PHONE EMAIL FULLZ
    NIN DOB DL ADDRESS SORT CODE ACCOUNT NUMBER FULLZ

    Business EIN Company Fullz Pros
    Young & Old Age Fullz
    High Credit Scores Pros
    W-2 Forms with SSN
    DL Fullz with Issue & Expiry Dates
    CC with CVV & Billing Address
    Dumps with Pin Track 101 & 202
    UBEREATS & DOORDASH Kyc Info
    Fullz for KYC|Tax-Return|SBA|PUA|UI|Shoplyft|FASFA

    Fresh & valid info guaranteed & Verified
    Available in bulk quantity
    24/7 Available

    #SSNFULLZ #SINFULLZ #NINFULLZ #SSNDOBDL #NINDOBSORTCODE #SINDOBMMN
    #USAFULLZ #UKFULLZ #CANADAFULLZ #FULLZPROS #SELLSSNDOB #SELLSSNDL
    #SSNDOBDLFULLZ #DLSCAN #DLSELLSCAN #CVVDUMPS #SELLCC #SELDUMPS

    Contact Details:
    What's App = +1.. 7277... 886... 129
    Tele Gram = @ killhacks - @ leadsupplier
    E mail = hacksp007 at g mail dot com
    Skype = @ peeterhacks

    ReplyDelete