http://www.economist.com/news/business/21577097-either-governments-are-not-serious-about-climate-change-or-fossil-fuel-firms-are Public policies and markets do not currently reflect the risks of a warmer world.
¨The right has a point Climate Change has taken on quasi-religious characteristics : self –denying life style changes , self-imposed thriftiness , asceticism and moral superiority¨ – Benjamin Harrison My friend Ben, pretty much nailed it I think.
Classical liberals like myself, often feel that freedom is a virtue. While it is logically sound that we need good reasons for coercion, what about the cognitive-bias program which shows we are really bad at making decisions and dealing with probabilities? The famous research of Tversky and Kahneman, highlighted that when faced with complicated… Continue reading It is for your own good – in defence of paternalism