The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. - F.A. Hayek
Posted in Economic Illiteracy, Environment, Resources, You Can't Have it Both Ways on Jun 9th, 2008
There’s no shortage of people claiming that the world cannot sustain population levels at the current size (just under 7 billion) much less a larger population. A common claim is that the planet’s resources will be consumed unsustainably, eventually leading to world starvation, famine, war, and population declines.
Posted in Environment on Apr 22nd, 2008
On this Earth Day, I reproduce in its entirety a letter by the late Julian Simon:
EARTH DAY: SPIRITUALLY UPLIFTING, INTELLECTUALLY DEBASED
April 22 marks the 25th anniversary of Earth Day. Now as then its message is spiritually uplifting. But all reasonable persons who look at the statistical evidence now available must agree that Earth Day’s scientific premises […]
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