Economics


Government Failure…

Radley Balko summarizes a set of statistics about the government’s efforts to suppress the market for recreational drugs:

By nearly every metric — drug use, spending, availability, purity, price — the drug war has failed. Throughly. And that’s before considering the trespasses on our civil liberties our government has undertaken to achieve that failure.
Read the rest. The magnitude of the failure is really quite astounding.
So, who is benefitting from the $60 billion being spent annually by local, state and federal governments?


Pebbles to Hydrogen

China’s growth demands a lot of energy and they are aggressively pursuing nuclear options. On the one hand traditional reactors such as have not been built in the US since 1979 and which make many nervous. On the other hand they are working on pebble-bed reactors:

A reactor small enough to be assembled from mass-produced parts and cheap enough for customers without billion-dollar bank accounts. A reactor whose safety is a matter of physics, not operator skill or reinforced concrete. And, for a bona fide fairy-tale ending, the pot of gold at the end of the rainbow is labeled hydrogen.
Small currently is in the 200 Megawatt range and cheap means approximately $300 million. These small reactors can be combined in a modular fashion using common monitoring and control systems. This seems promising simply from the perspective of power generation but there is more.
Apparently this reactor techcnology has promise for hydrogen production:
To power a billion cars, there’s no practical alternative to hydrogen. But it will take huge quantities of energy to extract hydrogen from water and hydrocarbons, and the best ways scientists have found to do that require high temperatures, up to 1,000 degrees Celsius. In other words, there’s another way of looking at INET’s high-temperature reactor and its potential offspring: They’re hydrogen machines.
…Researchers at Sandia National Laboratories believe efficiency could top 60 percent – twice that of low-temperature methods. INET plans to begin researching hydrogen production by 2006.
In that way, China’s nuclear renaissance could feed the hydrogen revolution, enabling the country to leapfrog the fossil-fueled West into a new age of clean energy. Why worry about foreign fuel supplies when you can have safe nukes rolling off your own assembly lines? Why invoke costly international antipollution protocols when you can have motor vehicles that spout only water vapor from their tail pipes? Why debate least-bad alternatives when you have the political and economic muscle to engineer the dream?
Now this looks like a line of research I’d be putting a lot of money into if I were promising the citizens of my country a reduced reliance on foreign oil.
Update (9/9): An alert reader notes in the comments that the DOE has identified a similar reactor type as part of its technology evaluation roadmap. It is not, though, clear from the referenced document what level of funding the US has provided for this effort.


A Stitch of Protection

Adrian doesn’t tell us where he found this:

“Many Chechens have sewn their pockets up in order to prevent anything being planted on them if stopped by police. One young Chechen exclaimed: “This is how we live, thanks to the Department on Fighting Organized Crime. First we were bandits, then became terrorists, and now we are becoming seamstresses.”
This would be good advice for many victems of the drug thugs (many, many more examples available).
Via Pharyngula and Bitch. PH.D.