Eight predictions for 2015

These are from The Federalist.

The list:

  1. The oil stimulus
  2. The EPA’s war on energy
  3. The Supreme Court gets another shot at ObamaCare
  4. Republicans will have just enough power to fight over it
  5. Will anyone challenge Hillary?
  6. A police rebellion
  7. Russia will be in trouble and will be trouble
  8. Did anybody tell the enemy the war is over?

Here’s the one I want to highlight, because it’s the one that concerns me most, at least until we get a Republican President:

7) Russia will be in trouble and will be trouble.

One of the most enjoyable consequences of the oil price collapse is seeing how it takes the wind out of the sails of a whole collection of evil regimes.

Oil is the dictators’ best friend. It is a steady source of revenue that can be maintained and controlled by the government, often with the help of foreign subcontractors, even when government controls, corruption, and cronyism have crushed the rest of the economy. So a collapse in the price of oil is a disaster for the bad guys.

Nobody is getting hit worse than the regime in Venezuela, which is now on the verge of defaulting on its debt. Since Venezuela has been a big economic sponsor of the regime in Cuba, you can see how a Venezuelan collapse will affect Cuba—and may well be the reason the Castros are seeking a lifeline from President Obama.

But the big geopolitical implications will come from the impact of the oil collapse on Russia. For years, the conventional wisdom has been that Europe is dependent on buying Russian oil and gas; now we’re about to see to what extent Russia is dependent on selling its oil and gas to Europe.

The downside is, as Megan McArdle puts it, “Russia’s Problems Are Everyone’s Problems.” “[T]he world is about to experience a major financial crisis in a country that seems to deal with its internal troubles by slicing off bits of neighboring countries.” Like its leader, Vladimir Putin, Russia is a country with a Napoleon complex: the smaller and weaker it gets, the more belligerent it becomes, as a form of overcompensation.

But shirtless macho posturing only gets you so far when you don’t have the cash to back it up. There is some speculation that a financial crisis could lead to defections in Russia’s “near abroad,” its ring of former Soviet republics and fellow kleptocracies. Then there’s the fact that Putin’s aggression has permanently alienated Ukraine, which is now taking steps toward joining NATO. Meanwhile, the Baltic states are increasing their defense budgets. One hopes that other European nations will follow, at a time when Russia is not in a position to match their spending.

I think Russia is weak enough that Putin would slink away with his tail between his legs, if we had an American leader with the guts to call his bluff. But that’s not going to happen, so in 2015, look for a volatile mix of greater belligerence and diminished capability.

When I hear about the collapse of the Russian currency, it makes me worry that we could a lot of scary scenarios as Putin tries to hold his state together.

Is the vastness of the universe evidence against God’s existence?

Physicist Hugh Ross writes about it in Salvo Magazine.

First a quick blurb about Hugh Ross:

Hugh Ross launched his career at age seven when he went to the library to find out why stars are hot. Physics and astronomy captured his curiosity and never let go. At age seventeen he became the youngest person ever to serve as director of observations for Vancouver’s Royal Astronomical Society. With the help of a provincial scholarship and a National Research Council (NRC) of Canada fellowship, he completed his undergraduate degree in physics (University of British Columbia) and graduate degrees in astronomy (University of Toronto). The NRC also sent him to the United States for postdoctoral studies. At Caltech he researched quasi-stellar objects, or “quasars,” some of the most distant and ancient objects in the universe.

Now back to the topic “Is the vastness of the universe incompatible with God’s existence?”

Here’s Ross’ introduction:

Scientists seem more difficult to please than the golden-haired girl of fairy-tale fame. While Goldilocks troubled herself over the just-right porridge, chair, and bed, astronomers appear preoccupied with the size of the universe.

In the days before telescopes, when an observer could count a few thousand stars in the night sky, many considered the universe too small and unimpressive to be the work of an almighty, all-knowing Creator. Only an infinite cosmos, they said, would befit an infinite deity. But then, others argued, an infinite cosmos might eliminate the need for a Creator.

Thanks to the Hubble space telescope, scientists now see that the universe contains roughly 200 billion large- and medium-sized galaxies and about a hundred times as many dwarf galaxies. The stars in those galaxies add up to about fifty billion trillion, and they comprise a mere one percent of the mass of the observable universe.

Because of the travel time of light, the universe humans can observe is really the universe of the past. What researchers know about the expansion and geometry of the universe informs us that the universe of today is at least several hundred times more enormous than the universe we can see. The universe is trillions of trillions of times larger and more spectacular than what the earliest astronomers presumed!

And yet, this new knowledge of the vastness of the universe has led to new complaints. In his book, God: The Failed Hypothesis, Victor Stenger says, “If God created the universe as a special place for humanity, he seems to have wasted an awfully large amount of space.” Stephen Hawking, in the best-selling science book of all time, A Brief History of Time, shares Stenger’s view: “Our solar system certainly is a prerequisite for our existence. . . . But there does not seem to be any need for all these other galaxies.” So now the universe is too big to befit the all-wise, all-powerful God of the Bible.

I like how he quotes an atheist physicist to get the challenge right. No sense in caricaturing the claim of your opponent.

I formalized Stenger’s argument like this:

  1. If all things in the universe are done the way that Victor Stenger likes them, then there is a God.
  2. It is not the case that all things in the universe were done the way Victor Stenger likes them.
  3. Therefore, there is no God.

I would deny premise 1, there, since there is no reason to believe that’s it’s true.

Anyway, let’s see what Hugh Ross says:

The hot big bang model (now firmly established by observations) tells us that at the moment of cosmic creation, the universe was infinitely or near-infinitely hot and compressed, and all the ordinary matter existed in the form of hydrogen. As the universe expanded, it cooled. The rate at which the universe expanded and cooled depended in large part on its mass—the greater the mass, the slower the expansion and cooling rate. The slower the expansion and cooling rate, the more time the universe would spend in the temperature range (13–150 million degrees Centigrade) at which nuclear fusion can occur.

Because of its mass, the universe spent about twenty seconds in the nuclear fusion temperature range when it was between three and four minutes old. As a result, 24.77 percent of the universe’s hydrogen (by mass) fused into helium. Thus, when stars began to form—about 380,000 years later—they started off composed of about 75 percent hydrogen, 25 percent helium, and trace amounts of deuterium, lithium, and beryllium.

In the nuclear furnaces of the stars themselves, more hydrogen fused into helium, and, in addition to the extra helium, all the rest of the elements that appear in the periodic table were synthesized (created). The capacity of stellar nuclear furnaces to produce an abundance of elements heavier than helium (all but two of the elements) depended critically on how much of the universe’s initial hydrogen was fused into helium and heavier elements during the first several minutes after the cosmic creation event. How much fusion of the universe’s primordial hydrogen actually occurred at this time depended, in turn, on the universe’s mass or mass density.

If the universe’s mass (or cosmic mass density) had been even the slightest bit less than a hundred times the fifty billion trillion stars occupying the observable universe, nuclear fusion during the first several minutes of its existence would have proceeded less efficiently. Thus, the cosmos would have been forever incapable of generating elements heavier than helium—elements such as carbon, nitrogen, oxygen, phosphorus, sodium, and potassium—all of which are essential for any conceivable kind of physical life.

On the other hand, if the universe’s mass had been even the slightest bit greater, nuclear fusion during the first several minutes after its beginning would have been too productive, and all the hydrogen in the universe eventually would have been fused (after just two generations of stars) into elements as heavy as iron or heavier. Again, all the most life-essential elements, including hydrogen itself, would have ceased to exist.

Basically, your body is made up of heavier elements, and if the universe was not as massive as it is (and as old as it is), then there would not be enough heavy elements to make you, or to make massive stars like our Sun which burn steady for long periods of time. We need the heavy elements and we need the steady source of heat. And while we are waiting on these heavy elements, the universe is expanding.

Dr. Ross has another reason why God would use vast space and long periods of time, and if you want to read that, you can click here. I think that it’s important for us all to get used to the idea that we all need to understand science apologetics. God put these evidences into the universe for us to discover and use.

New study: raising minimum wage hurts young, minority workers most

This report is from the libertarian Cato Institute.

Except:

A new working paper from the National Bureau of Economic Research finds that significant minimum wage increases can hurt the very people they are intended to help. Authors Jeffrey Clemens and Michael Wither find that significant minimum wage increases can negatively affect employment, average income, and the economic mobility of low-skilled workers. The authors find that significant “minimum wage increases reduced the employment, average income, and income growth of low-skilled workers over short and medium-run time horizons.”  Most troublingly, these low-skilled workers saw “significant declines in economic mobility,” as these workers were 5 percentage points less likely to reach lower middle-class earnings in the medium-term. The authors provide a possible explanation: the minimum wage increases reduced these workers’ “short-run access to opportunities for accumulating experience and developing skills.” Many of the people affected by minimum wage increases are on one of the first rungs of the economic ladder, low on marketable skills and experience. Working in these entry level jobs will eventually allow them to move up the economic ladder. By making it harder for these low-skilled workers to get on the first rung of the ladder, minimum wage increases could actually lower their chances of reaching the middle class.

Most of the debate over a minimum wage increase centers on the effects of an increase on aggregate employment, or the total number of jobs and hours worked that would be lost. A consensus remains elusive, but the Congressional Budget Office recently weighed in, estimating that a three year phase in of a $10.10 federal minimum wage option would reduce total employment by about 500,000 workers by the time it was fully implemented. Taken with the findings of the Clemens and Wither study, not only can minimum wage increases have negative effects for the economy as a whole, they can also harm the economic prospects of  low-skilled workers at the individual level.

With that in mind, I have some bad news for everyone who likes the idea of young people of color finding work.

The Daily Signal explains: (H/T Dad)

At the stroke of midnight today, 19 states increased their minimum wage. Residents of three more and the nation’s capital can expect hikes later on this year.

[…]Federal legislation was met with resistance. though. Republicans argued raising the minimum wage would cause an increase in prices for consumers and low-wage workers likely would face layoffs as companies grappled with the higher costs associated with hiked wages.

Some of those concerns were validated last month by a University of California, San Diego, study. For three years, researchers followed low-income workers residing in states that saw wage hikes and those that did not. The study found that minimum wage hikes had negative impacts on employment, income and income growth.

[…]“Minimum wage supporters have good intentions, but those good intentions cannot repeal the law of unintended consequences,” James Sherk, an expert in labor economics at The Heritage Foundation, told The Daily Signal. He added:

Minimum-wage increases reduce the total earnings of low-wage workers — the higher pay for some workers gets completely offset by the nonexistent pay of those no longer employed.

In its study, UCSD researchers found that after minimum-wage increases, the national employment-to-population ratio decreased by 0.7 percent points between December 2006 and December 2012.

In addition, the study found that minimum-wage increases hindered low-skilled workers’ ability to rise to lower-middle -lass earnings.

So we need to be really careful about setting economic policy based on emotions. Things that sound nice, which we feel will help the poor, actually hurt the poor. We have to have evidence-driven public policy, not feelings-driven public policy. People’s lives are depending on it.