Day 1,388: grain, decree, gripe

Because carbon prices are still too low, governments end up micro-managing the energy transition by decree.

Just like the old complaints about trade with China—which has boosted Americans’ real incomes—gripes about globalisation’s supposed fragility have built a cathedral of fear over a grain of truth.

Artwork of the day 
Grainstack
Claude Monet
Original Title: La Meule
Date: 1891; Giverny, France
Style: Impressionism
Series: Haystacks
Genre: landscape
Media: oil, canvas
Location: Private Collection
Dimensions: 65 x 93 cm

Word of the day 
decree: an official statement that something must happen
gripe: a strong complaint 
grain: a very small piece of a hard substance 

Quote of the day
“(after listening to people gripe and complain just smile and remember)
Crows can’t hang with eagles.”
― Joel Osteen