From Prof. Eliot Jacobson:
Wow! Wow! Wow!
North Atlantic sea surface temperature anomalies are going vertical again. And yes, I needed to extend the y-axis.
Yesterday’s temperature of 24.49°C (76.08°F) was 4.2σ above the 1991-2020 mean. The previous high for July 17 was 23.71°C (74.68°F) in 2020.
https://twitter.com/EliotJacobson/status/1681321023306874880
It never was. Remember, capitalism has to be regulated to work. Adam Smith even said so. Looking at you ancaps and libertarians.
According to Adam Smith, markets and trade are, in principle, good things—provided there is competition and a regulatory framework that prevents ruthless selfishness, greed and rapacity from leading to socially harmful outcomes.