Click to get your own widget

Wednesday, February 21, 2007


From David Friedman's blog via CCNet. Exactly my opinion but I have not seen it put in a better & (admitting my weakness) in a less combative way:

1. Governments, and people in government, seek power for obvious reasons. Over the past fifty years the intellectual justification for the large expansion in government power from about 1930-1970 has largely collapsed. The belief that capitalism is inherently unstable and inefficient and must be fixed with large elements of governmental intervention and central planning is no longer taken very seriously by either the general public or economists.

Environmentalism in general and global warming in particular provide new arguments for expanded government power, new taxes, and the like. That does not mean, of course, that those arguments are wrong, but it does mean that there are a lot of people who have an incentive to support them whether wrong or right. That seems to me consistent with what I observe—what is probably a real problem being extensively exaggerated for political reasons, with a predicted sea level rise of up to 80 cm over 93 years being reported in terms of massive flooding around the world, converting the World Trade Center Site into an aquarium in the piece I commented on in my earlier post.

2. Global warming provides arguments for things that a lot of people, mostly left of center, want to do anyway—shift lifestyles away from automobiles towards mass transit, reduce consumption of depletable resources, and the like. Environmentalism is in part a real argument, in part a religion, in part an aesthetic; the second and third parts make people too willing to accept the first.

Comments: Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?

British Blogs.