Skin In The Game: High Stakes on High Temps

by gradycarter


When there is a big debate I love to hear “the facts” as we know them, but I also love hearing about the passion with which those in close proximity to the item in question conveys their perspective. Does the person speaking have anything to gain or lose in this debate? Like when I hear people talk about the gospel: the most compelling argument (to me anyway) that Jesus was who people say that he says he was is that his disciples, who lived among him, were almost all reportedly tortuously murdered still claiming what they had been sentenced to death for proclaiming. They had “skin in the game”, and it didn’t shake their resolve. This matter of course still requires faith, just as many consequential aspects of life can require faith in planning, but they had first-hand experience with something and they were willing to die horrifically for that thing (or so it is told, and believing in these events does require faith).

This video describes multiple groups with “skin in the game” (whether it be professional, financial, or actual physical skin) in regards to the climate of our planet possibly changing – and they believe that the climate is experiencing change. One thing about “free markets” is that they can indicate much about items unknowable, yet consequential, and how those with skin in the game estimate they should act. Can we guarantee that people in the United States will continue to gain weight, and keep paying for care which allows them to experience less indigestion but maintain too much weight? No, but if you were to bet on it how would you bet? Billions of dollars are bet every year, by people who don’t like losing money, on the idea that people are not going to lose weight, and those people make a lot of money. If you were an insurance company would you haphazardly put billions of dollars at stake for something that is “laughable”? Well, those companies which have the opportunity to bet on whether or not the climate is changing detrimentally to some degree are making the bets that would indicate that they think we have a problem with the health of our little planet’s climate. I guess if the free market can’t inform some conservatives then I’m not sure that it’s going to happen anytime soon.

This speech from Senator Whitehouse is from December of 2013, and it seems to have just recently picked up some more traction in the social media world. He is speaking against Oklahoma Senator (and apparently very nice guy) Senator Inhofe. I have had multiple friends work for Inhofe, and the reports seem to be that he’s sincere, but that doesn’t mean that he’s right.