Billion-dollar losses at Walt Disney Company are generating angst among investors. What’s causing the decline? Lauren Smith suggests in Spiked that Disney’s deliberately chosen strategy of wokism is not resonating with its main audience. Viewers are growing sick of the preachy slop that fails to offer depth, compelling characters or apolitical and age-appropriate storylines.
At Least He Paid his Losing Bet
Paul Ehrlich, author of the spectacularly incorrect 1968 best-seller The Population Bomb, recently died at 93. Despite his longevity, Ronald Bailey points out in Reason, Ehrlich did not live to see even one of his numerous apocalyptic predictions come true. The world’s population certainly grew, but not merely larger, richer and fatter too. Most famously, Ehrlich once bet economist Julian Simon that the world was approaching economic collapse – but in 1990 had to mail Simon a cheque.
