[extropy-chat] Peak Oil news
Samantha Atkins
sjatkins at mac.com
Tue Mar 7 23:39:26 UTC 2006
On Mar 7, 2006, at 2:20 PM, Robin Hanson wrote:
> The claims you both make could all be true, and yet Hal could still
> be right.
> If you dispute the claim that speculative markets are the best
> predictors
> available, please point to another available predictor you think
> does better.
> We have many years of data on speculative markets to evaluate their
> accuracy.
> How many years of data do we have evaluating your favored predictor?
Actually I don't need to do so in order to make the point I did make
which is that the behavior of the market regarding oil futures is not
at all adequate to judge whether Peak Oil theory is valid.
- samantha
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