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November 3, 2015 0

Factory Orders Sink 11th Time in 14 Months

By News Desk

Factory Orders Sink 11th Time in 14 Months Factory orders decline once again, in line with the Bloomberg Consensus , but last month was also revised lower. New orders for the export-hit factory sector fell 1.0 percent in September for the 11th decline in 14 months with August revised 4 tenths lower to minus 2.1 percent. September orders for durable goods, initially posted in last week’s advance report, are unrevised at minus 1.2 percent, held down in part by a downswing in civilian aircraft but nevertheless showing wide weakness

November 3, 2015 0

Climate denialism harms speculative science

By News Desk

Tweet I want to follow up on Eli’s comment below that "There is a place between blogs, arXiv and Science for really speculative papers, but the authors need to strongly defend themselves." Yes, and Hansen’s paper is properly occupying that place, assuming it can stay defended. But then, think about a speculative paper that went for the mirror-opposite side of the spectrum, saying "what if we’ve been wrong about everything about climate change and here’s a negative feedback mechanism previously undiscovered that will safely limit things." Let’s further assume this turns out not to be a Galileus paper but a Bozo paper , as seems likely. The normal consequences of publishing something that’s wrong is bent, by denialism