Economics and the mid-life crisis have much in common: Both dwell on foregone opportunities

C'est la vie; c'est la guerre; c'est la pomme de terre . . . . . . . . . . . . . email: jpalmer at uwo dot ca

. . . . . . . . . . .Richard Posner should be awarded the next Nobel Prize in Economics . . . . . . . . . . . .

Tuesday, December 27, 2005

How Much of a Worry is Global Warming?

Not much, if you accept the research reported by Joseph Bast in a report put out by The Heartland Institute. (also see Taken by Storm).

Here is a summary of just a few of the points made by Bast in his commentary on Michael Crichton's State of Fear:
... [T]he message of State of Fear has serious public policy consequences:

Most of the environment and health protection regulations in the U.S. ought to be reformed so they address real rather than imaginary risks, and concentrate on what works instead of the liberal orthodoxy of big government solutions to every problem.

The U.S. is quite right to stay out of the Kyoto Protocol--the global warming treaty--and ought to be doing more to persuade other countries of the world that the protocol is unnecessary, premature, and unworkable.
For more on global warming, in addition to the books shown below, I recommend this recent post at Cafe Hayek and this one by the ever-vigilant group at London Fog.

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