October 8th, 2007

happytoast power lines

on Poindexter, revisited

part one: http://hbergeronx.livejournal.com/270858.html

The Econophysics Blog perhaps put it best: back to the drawing board for PD and environmentalism. This past weeks economist has an article, Playing Games with the Planet, which cites (but does not reference or link) a paper by Michael Liebreich of New Energy Finance. This is more of a placeholder post, because I can't spend much time today deconstructing all the many things wrong with all of this. But, let me summarize what I see to be the Poindexterish business plan summarized here:

1. Find oversimplified model that draws conclusion we can explain to be relevant to what the investors want.
2. ???
3. Profit!

addendum: Ha ha ha! http://en.wikipedia.org/wiki/The_Sack_%28Robot_Chicken_episode%29#It.27s_a_Wimpy-Filled_Life