A Quote by Matt Ridley
A cumulative change of less than 2°C by the end of this century will do no net harm. It will actually do net good [...] rainfall will increase slightly, growing seasons will lengthen, Greenland's ice cap will melt only very slowly, and so on.
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For society, the Internet is wonderful, but for capitalists, it will be a net negative. It will increase efficiency, but lots of things increase efficiency without increasing profits. It is way more likely to make American businesses less profitable than more profitable. This is perfectly obvious, but very little understood.
Saving Greenland is both a metaphor and a precondition for saving civilization. If its ice sheet melts, sea levels will rise 23 feet. Hundreds of coastal cities will be abandoned. The rice growing river deltas of Asia will be under water. There will be hundreds of millions of rising-sea refuges. The word that comes to mind is chaos. If we cannot mobilize to save the Greenland ice sheet; we probably cannot save civilization as we know it.
One of the dangers about net-net investing is that if you buy a net-net that begins to lose money your net-net goes down and your capacity to be able to make a profit becomes less secure. So the trick is not necessarily to predict what the earnings are going to be but to have a clear conviction that the company isn't going bust and that your margin of safety will remain intact over time.
The people who ignite our imaginations in the next century will become the idea barons. Gray matter will be their real estate, and their net worth will be determined by what grows out of it.
If the river has a soul, it's a peaceful one. If it has a lesson to impart, that lesson is patience. There will be drought, it says; there will be floods; the ice will form, the ice will melt; the water will flow and blend into the river's brackish mouth, then join the ocean between Lewes and Cape May, endlessly, forever, amen.
If a [democratic] society displays less brilliance than an aristocracy, there will also be less wretchedness; pleasures will be less outrageous and wellbeing will be shared by all; the sciences will be on a smaller scale but ignorance will be less common; opinions will be less vigorous and habits gentler; you will notice more vices and fewer crimes.
I think automation will eliminate certain types of jobs - lower income, lower-skilled jobs in manufacturing. But nobody knows whether it's going to change the job basket of the 21st century, or be net positive, or net negative.
The rocks are where they are- and this is their will. The rivers flow- and this is their will. The birds fly- this is their will. Human beings talk- this is their will. The seasons change, heaven sends down rain or snow, the earth occasionally shakes, the waves roll, the stars shine- each of them follows its own will. To be is to will and so is to become.
Only nature has a right to grieve perpetually, for she only is innocent. Soon the ice will melt, and the blackbirds sing along the river which he frequented, as pleasantly as ever. The same everlasting serenity will appear in this face of God, and we will not be sorrowful, if he is not.
We are about to enter a new era in which, each year, less net energy will be available to humankind, regardless of our efforts or choices. The only significant choice we will have will be how we adjust to this new regime. That choice - not whether, but how to reduce energy usage and make a transition to renewable alternatives - will have profound ethical and political ramifications.
As to whether it will increase will depend very much on that feel-good factor and the sense of confidence being restored in the people that life is going to get much better for them here at the end of the day. I do not think you will be able to shut the tap off. It will not stop abruptly like that.
Exploring and understanding the Net is an ongoing process. Cyberspace never sits still; it evolves as fast as society itself. Only if we fight to preserve our freedom of speech on the Net will we ensure our ability to keep up with both the Net and society.
...you will do more harm than good by attempting to supplant old dogmas and customs with new dogmas. It will be the same in the end except that the old is less militant, less dangerous than a new order imposed by enthusiasts.
The share price must be less than book value. Preferably it will be less than net working capital less long term debt.
But all that is warm will go cold. My ears will fall off and my eyes will melt. My mouth will be clamped shut. My lips will turn to glue. ...No taste or smell or touch or sound.Nothing to look at. Total emptiness for ever.
European-style interventions to which the Obama administration is inclined will not make America more competitive in the world-wide economy. Such policies will not increase growth, will not decrease unemployment, and will not increase wages for workers.
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