Comments by "Tony Wilson" (@tonywilson4713) on "Hydrogen Hype is Dying, And That's a Good Thing" video.
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@flothus What your missing is the 8+ years I have been studying economists and how they behave. I haven't gone and done ay courses. I have been listening to them and their critics and there is now a lot of criticism of economists.
I am more convinced than ever that economics is an incredibly important subject.
The problem is economists are NOT trained to understand how economies work. They are trained to understand how MARKETS work. So they frame everything in terms of markets. They have absolutely NO understanding of how things like education systems, health care systems and energy supply systems actually work in a modern economy. This is why energy is such a mess. All the decisions (or lack of) are being heavily influenced by or MADE by economists.
One of the things they really can't understand is that any society needs certain things in place NOT for the purpose of making money but so everything else can make money. Roads don't need to every make money but they need to be there so everyone else can move stuff and make money. Education doesn't need to make money it needs to supply business and industry with a workforce so they can make money.
But if you try and explain to an economists 99 out of a 100 will have a melt down.
Here's the even bigger problem. IT DOES NOT MATTER if you have Lefty clowns howling renewables or Right Wing nutters howling about fossil fuels, THEY ALL LEARNED THE SAME ECONOMICS. Every politician in the developed world is either an economist or have an economics advisor and they all studied similar text books written by professors at Harvard, Yale, Oxford, Cambridge... or written by people who went to Harvard, Yale, Oxford, Cambridge... AND in many cases those text books are printed by Harvard Press, Yale Press, Oxford Press, Cambridge Press...
Its a major problem and why no matter who gets elected these days nothing changes. This is why so many populations are getting frustrated. Economists have stuck their noses into everything in the belief that "the rest of us are problems they have to manage." (Mark Blyth)
Right now in Australia (my country) there's a massive debate raging about nuclear power. So far I have only seen 1 engineer interviewed and he was a university professor who said NOTHING because all he was asked about was the economics. We have 2 reports. One by the political Left who claim science is on their side and nuclear can't work in Australia because of the economics. The other report by the political Right claiming that science and economics says the only way to save Australia is to go nuclear.
YES both reports in Australia were written by economists for economic arguments. NO engineers were involved in either report. Both reports should have been printed on toilet paper so we'd know what to do with them.
I'm NOT arguing Hydrogen on economic grounds or Nuclear for that matter. I'm for Hydrogen right now because I can (as an engineer) make it work in the time frame we have been left with by the stupidity of economists interfering for the last 30+ years. You have no idea how close to an energy collapse Australia is or a few other countries for that matter.
Right now Hydrogen is the answer for a lot of countries IF WE CAN GET THE ECONOMISTS and ACTIVISTS and SPECIAL INTERESTS to GET OUT OF THE WAY. In the longer term a lot of countries NEED to have sensible discussions on nuclear and that can't happen while these clown fests continue.
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