The Coal Standard

Here's a thought: maybe we could buy off the simplistic goldbug-minded "money is a commodity" thinkers by proposing a coal standard? That is: treat burnable fossil carbon as money? Like BTC, there's a finite amount of it remaining to be mined. Like BTC, mining the last reserves gets incrementally harder over time. Unlike BTC, if you burn it, it's gone for good, so there's an incentive to stockpile it and not burn it (ideally by stockpiling it in the ground, where it comes from, by buying lan...

 How Our Grandparents Perceive the World as Unchanging

Men can know a thing and yet know it quite ineffectively if it contradicts the general traditions and habits in which they live. [...] ONE of the most striking differences between the outlook of our grandparents and that of a modern intelligence today is the modification of time values that has occurred. By the measure of our knowledge their time-scale was extremely shallow. They had scarcely any historical perspective at all. They looked back to a past of a few thousand years and at the v...

 The Greater Good of Science

There was a time – and very recently – when the idea of the possibility of learning the composition of the celestial bodies was considered senseless even by prominent scientists and thinkers. That time has now passed. The idea of the possibility of a closer, direct study of the universe will today, I believe, appear still wilder. To step out onto the soil of asteroids, to lift with your hand a stone on the moon, to set up moving stations in ethereal space, and establish living rings aroun...