*The pollution paradox. The paradox proposes that the most antisocial commercial interests have the greatest incentive to buy political favor, otherwise they would be regulated out of existence. So politics comes to be dominated by them.*

The result is that the UK allows fossil fuel companies to cheat the public even as they prepare an early death for many of the public.

Joseph Stiglitz: *Although it is anyone's guess what will happen next with inflation, the data show that there is no reason to react rashly with large across-the-board interest-rate hikes. The economy is working through an unprecedented transition that could ultimately be a boon for workers; but only if policymakers let the process play out.*

We objected when Biden reappointed Powell as head of the Federal Reserve because we knew Powell was likely to do things like this. Now, instead of letting Powell be Biden's shield, we must blame Biden for choosing the course that the Federal Reserve is now implementing.

The climate pledges of 25 giant corporations are more exaggeration and distortion than reality.

California never adopted a detailed decarbonization plan to limit global heating to 1.5C. And it looks like losing the courage to make one.

*Iranian refugees face deportation from Turkey for attending demonstration.*