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LISTEN … and pray that someone like Julian Simon can emerge to bring reason and evidence back into the conversation

Summary:
|Peter Boettke| Climate change is real; climate change is man-made, but once we agree on that there is still the matters of (1) trade-offs that must be made in negotiating public policy priorities and alternatives, (2) the adaptations and adjustments that human choosers will make due to the incentives they face as change is impressed upon them, and (3) the technological innovations that can in many cases ameliorate problems if not eliminate.  In studying this process of adaptation and adjustment, the ultimate resource we must remember is the human imagination, and the greatest tools we have for directing that imagination in productive directions is property, prices and profit and loss. None of this is recognized in this episode of On the Media, May 31, 2019. So respectfully listen,

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Climate change is real; climate change is man-made, but once we agree on that there is still the matters of (1) trade-offs that must be made in negotiating public policy priorities and alternatives, (2) the adaptations and adjustments that human choosers will make due to the incentives they face as change is impressed upon them, and (3) the technological innovations that can in many cases ameliorate problems if not eliminate. 

In studying this process of adaptation and adjustment, the ultimate resource we must remember is the human imagination, and the greatest tools we have for directing that imagination in productive directions is property, prices and profit and loss.

None of this is recognized in this episode of On the Media, May 31, 2019.

So respectfully listen, think hard about the issues raised, do the necessary reading of the scientific literature. But just make sure to add Julian Simon to your list and weigh his arguments in your adjudication efforts.

Reason, not emotion; weighing of evidence, not mood affiliation is the only way we can seriously tackle serious issues.

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Peter Boettke
Peter Joseph Boettke (January 3, 1960) is an American economist of the Austrian School. He is currently a University Professor of Economics and Philosophy at George Mason University; the BB&T Professor for the Study of Capitalism, Vice President for Research, and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at GMU.

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