Daily Digest

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Daily Digest 3/11 - Good News Friday: Replacing Plastic With Seaweed, Changing How Economics Is Taught

Friday, March 11, 2016, 10:27 AM

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to [email protected] with subject header "Good News Friday." We will save and post weekly. Enjoy!

Economy

Changing how economics is taught (HughK)

Since 2012 we have been at work creating a broader, less theoretical curriculum. Students looking for economics teaching that deals with financial crises, the contributions of thinkers from Hayek to Marx, and issues like inequality, the environment and innovation, will find these subjects are already on our courses.

Obama and Canada’s Justin Trudeau Promote Ties and Climate Plan (jdargis)

On policy, Mr. Obama and Mr. Trudeau promised that their two countries would “play a leadership role internationally in the low-carbon global economy over the coming decades.” As part of the announcement, United States officials said they would immediately begin a new push to regulate methane emissions from existing oil and gas facilities, though finishing that process before the end of Mr. Obama’s tenure is unlikely.

Top US International Drug Official Signals Green Light for Countries to Decriminalize (jdargis)

Responding to questions about countries that have decriminalized drug use, like Portugal, Brownfield said that the point of narcotics laws wherever they are should be to staunch the ill-effects of substances, not throw people in jail. Since Portugal passed universal decriminalization legislation in 2001, drug use rates have fallen considerably, including among teenagers, as have drug-induced deaths. Other countries, including Jamaica and Argentina, have since decriminalized the possession of small amounts of marijuana.

How Asking 5 Questions Allowed Me to Eat Dinner With My Kids (jdargis)

For us, “the Five Whys” worked in a fairly straightforward manner. We began by identifying a problem: We never managed to have family dinner. Then we explored, at the most surface level, why that was true: Because my wife and I always got home later than we expected.

Then came another question: Why were we getting home so late? The answer was that, although we intended to leave the office by 5, we often found it impossible to walk away from our desks because there were so many miscellaneous tasks we had ignored during the day.

Sidekick chemicals reverse antibiotic resistance in microbes (jdargis)

In mice with systemic, lethal infections of methicillin-resistant Staphylococcus aureus (MRSA), a combo of one of the small molecules and a standard antibiotic knocked back the infection. Mice treated with just the antibiotic, on the other hand, remained riddled with MRSA. The findings, reported in Science Translational Medicine, suggest that the small molecules could reverse drug resistance in MRSA and treat infections without toxic side effects.

Spanish company Graphenano claims Graphene Polymer batteries with triple the energy density of lithium ion and commercialization by end of 2016 (RPSTemple)

Adapted to a car like the Tesla Model S, graphene polymer batteries would increase range from 334 to 1,013 kilometers. In a Nissan Leaf range would increase from 250 to 546 kilometers on a single charge.

New Seaweed-Based Material Could Replace Plastic Packaging (jdargis)

“We were attracted to the materiality of agar—the delicacy in its texture and beauty in its appearance—at a local supermarket,” Araki says. “Relatively soon after that, we thought its delicate and light structure would be suitable for cushioning material. Then, we did some experiments and found agar was moldable, so we decided to send our proposal to LDA.”

Americans Want Fewer Politicians, More Sustainability in our Dietary Guidelines (jdargis)

“I think there were political considerations put above what the general public wanted to see,” says Bob Martin, the director of the Food Policy Program with the Johns Hopkins Center for a Livable Future at the Johns Hopkins Bloomberg School of Public Health in Baltimore, which commissioned the survey. “In the end, I think the guidelines kind of reflect Secretary [of Agriculture Tom] Vilsack’s thinking. He opposed sustainability language all along. He says he supports sustainability, but that the discussion should not be part of the dietary guidelines. He’s clearly out of step with the general public.”

Gold & Silver

Click to read the PM Daily Market Commentary: 3/10/16

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

9 Comments

sand_puppy's picture
sand_puppy
Status: Diamond Member (Offline)
Joined: Apr 13 2011
Posts: 2033
What Does a GREEN Meme Presidential Candidate Say?

These are the words of a person who has long since outgrown ethnocentric identity.  His sense of "who we are" has enlarged and includes all the people of the world (world centric).

 

Tall's picture
Tall
Status: Platinum Member (Offline)
Joined: Feb 18 2010
Posts: 564
Caring for Fukushima's abandoned animals

Heroes in action

https://www.washingtonpost.com/news/in-sight/wp/2016/03/11/caring-for-fu...

 

Tall's picture
Tall
Status: Platinum Member (Offline)
Joined: Feb 18 2010
Posts: 564
Good news for teddy: Louisiana black bear no longer threatened

http://www.csmonitor.com/Environment/2016/0310/Good-news-for-teddy-Louis...

sand_puppy's picture
sand_puppy
Status: Diamond Member (Offline)
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Posts: 2033
Lavoy Finicum Shooting in OR

Have any of you seen this?  This analysis leads to a VERY different impression than prior.

 

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Online)
Joined: Jul 30 2009
Posts: 4237
Friday News Stories

US credit card debt skyrockets, approaching $1 trillion

RT-7 hours ago
A new study from CardHub.com says credit card debt in the US has jumped by about $71 billion to $917.7 billion in 2015. The average American household with ...
 

Canadians' debt burden still growing, hits record

bnn.ca - ‎4 hours ago‎
Statscan said total household credit-market debt (mortgages plus consumer credit) rose 1.2 per cent in the fourth quarter, to $1.92-trillion. Mortgage debt rose 1.6 per cent, to $1.26-trillion, while consumer credit (which includes credit cards, car ...
 

Still not enough: US gov't collects record $1.2 trillion in taxes, or over ...

RT-28 minutes ago
Uncle Sam hauled in $1.248 trillion in taxes for the first five months of fiscal year 2016, ... The national debt is $19.1 trillion, and has been growing since the last ...

Negative rates, fat margins: Japan regional banks ramp up car, holiday loans

Reuters - ‎7 hours ago‎
T), Japan's No.2 regional lender by assets, said its outstanding unsecured retail loan portfolio jumped 39 percent year-on-year to 59.4 billion yen ($527.5 million) for the first fiscal half ended last September. Continued growth at that rate would see ...

Oil Crash Risks $19 Billion Wave of Junk Debt Defaults

Bloomberg-5 hours ago
Investors are facing $19 billion in energy defaults as the worst oil crash in a generation leaves drillers struggling to stay afloat. The wave could begin within days ...

Italy Sells 3-Year Debt With Negative Yield for 1st Time: Chart

Bloomberg-8 hours ago
At the height of the debt crisis in November 2011, the nation paid 7.89 percent to ... And in the 16 trading days to March 8, it registered almost 1 billion liras of buy ...

Emerging market credit hangover squeezes firms, economic growth

Reuters-13 hours ago
Cheap money encourage emerging markets to double debt ... expected at $13 billion, slowing from 2015 and less than half of the $27 billion in 2014, according ...

'You won't get rid of me!' Venezuela's Maduro tells foes

Reuters - ‎19 hours ago‎
With investors fretting over Venezuela's ability to pay foreign debt obligations later this year, Maduro said the government was seeking assistance from major lender and ally China. "We've reached a big agreement with China," he said, without giving ...

Atlantic City officials, residents object as Senate panel advances takeover bill

NorthJersey.com - ‎8 hours ago‎
The city has struggled financially in recent years as a quarter of its casinos have shuttered and gambling revenues have plunged from $5.2 billion in 2006 to $2.56 billion last year. ... How about interest on our debt? Sorry, Wall Street.” Steven Young ...

Alaska House passes $8.66 billion budget

Kenai Peninsula Online-18 minutes ago
The budget is only a spending plan: With the state running a deficit of about $3.7 billion, lawmakers still have to come up with a way to pay for it. “This is only part ...

China steelmaker to cut up to 50000 jobs

The Straits Times-15 hours ago
China's economy grew at its slowest pace in a quarter of a century last year and its outlook remains bleak, with the government last week lowering its 2016 ...

'Bloodbath' for shipping industry as rates plunge to new depths - The ...

The Globe and Mail - ‎21 hours ago‎
A glut of ships and a soft economy mean prices have 'gotten out of control' and sunk to new lows.
 

Container Blood Bath: Freight Rates Hit New Lows

MarineLink - ‎13 hours ago‎
The World Container Index's composite index, an average of spot freight rates on 11 global East-West routes connecting Asia, Europe and the US, reached a record low of US$701 per 40-foot container on March 10, says Drewry Shipping Consultants.
 

South Africa's debt already priced for junk as growth slows

Reuters Africa-8 hours ago
The cost of insuring South Africa's debt against default has also leapt, with its five-year credit default swaps trading at 318 bps on Friday, according to Markit, ...

 

MarkM's picture
MarkM
Status: Platinum Member (Offline)
Joined: Jul 22 2008
Posts: 855
sand_puppy wrote: Have any of
sand_puppy wrote:

Have any of you seen this?  This analysis leads to a VERY different impression than prior.

 

SP,
Your first impression was shaped by the media propaganda machine. As you know, the truth is never what is presented to us and their story is always a lie. Does the "agent" really flip him off? I guess I shouldn't be surprised. The first act after letting women and children burn to death at the conclusion of "Operation Showtime" in Waco was to raise ATF flag on the flagpole.

rjs's picture
rjs
Status: Gold Member (Offline)
Joined: Aug 8 2009
Posts: 445
20 Countries with the least debt

Countries with the lowest national debt 2015 | Statistic - The statistic shows the 20 countries with the lowest national debt in 2015 in relation to the gross domestic product (GDP). The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance.

Uncletommy's picture
Uncletommy
Status: Platinum Member (Offline)
Joined: May 3 2014
Posts: 633
Look at the complete picture, not not only #'s

rjs: I think we need to look a little deeply into facts of national debt to GDP before we make any judgments  Not only was Benin not included on the list, but close examination of the governments of these countries' governmental structure says a lot about why they rate where they do. How much wealth is held by these countries' elites and what is the standard of living for the majority of its citizens. In the US, the elites are mainly corporations with majority shares held by individual elites with their own agenda (Koch Bros.,WalMart gang, etc.). For the rest of us PPer's, perhaps Charlie Hall's new book

America's Most Sustainable Cities and Regions: Surviving the 21st Century Megatrends

 is more instructive for us than any new book on how economics is taught. Andrew Haldane is just one of the many voices willing to question the Keynesian road to continued growth that has been the manta of economist living in a finite world. Not that economic teaching shouldn't be questioned, but bucking the economic trend of the last 75 years ain't gonna be realized by most of us in this life time. You're spot on, Hugh K. To quote Sam Goldwyn again, "What has posterity ever done for me?"

robie robinson's picture
robie robinson
Status: Diamond Member (Offline)
Joined: Aug 25 2009
Posts: 1220
The greatest race on earth

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