Professor Dr Richard S.J. Tol FREcon MAE
Economist interested in energy, environment, and climate
EBS19 (E4 B3 S12), H126
ORCID https://orcid.org/my-orcid?orcid=0000-0002-8012-3988
Richard Tol
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Nikki Haley: "I think Russia is probably the biggest winner"
The world is being run by a senile 79-year old with a 5-year-old's grasp of geopolitics, economics, logistics, you name it.
speak loudly and ask if you can borrow somebody else’s stick
Add France to the list.
One by one, U.S. allies are shutting their airspace to American military operations.
Price of heating oil in Southeast England:
16 Feb '26: £0.58/litre
31 Mar '26: £1.28/litre
121% in 6 weeks
(Yes, we live in the sticks. We heat our house with oil.)
Guys, it's time for no game theory
Trump and his aides assessed that a mission to pry open the chokepoint would push the conflict beyond his timeline of four to six weeks.
In what world is it okay for the Defense Secretary to make multi-million dollar investments in defense companies:
a) Ever;
b) In the run-up to starting a war in the Middle East
FT has the scoop: www.ft.com/content/744e...
In a functional democracy, he would offer his resignation tonight.
Gas pipeline blown up in southern Pakistan, says official reut.rs/4dkm0C1
Video
Alexandra Petri
Richard Tol
MeidasTouch
Aaron Rupar
Kevin Zollman
Shipwreck
Justin Wolfers
Europe is the shield against imperialism. The US is gone.
Hegseth: "The president was clear this morning in his Truth that there are countries around the world who ought to be prepared to step up on this critical waterway as well. Last time I checked there was supposed to be a big bad Royal Navy that could be prepared to do things like that."
Just when you thought he couldn’t be more insane…..
President Trump told aides he’s willing to end the U.S. military campaign against Iran even if the Strait of Hormuz remains largely closed.-WSJ
www.wsj.com/world/middle...
