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May 22, 2012
Warren Richey: Can US group challenge overseas surveillance act? Supreme Court to decide
Thomas M. Anderson: Walking Away From a Mortgage
The Kosher Gourmet by Megan Gordon: Enjoy a celebration of the most rich and layered flavors: Black bean, sweet potato and quinoa chili
May 21, 2012
Mark Clayton: Cybersecurity: How US utilities passed up chance to protect their networks
Howard LaFranchi: NATO summit: Who will foot the bill for long-term Afghanistan security?
Chris Farrell : Earn Dividends in Emerging Markets with This WisdomTree ETF
Stephen Whiteside, Ph.D. : Mayo Clinic Medical Edge: Social anxiety disorder --- or just shy?
Guy Jackson : Victim's father regrets death of Lockerbie bomber
The Kosher Gourmet by Mario Batali: Famed chef's veal shoulder farsumagru: A festive meat course for late spring
May 18, 2012
Rabbi Berel Wein: Striving: The People of the Book's Book for (All of) the People
Steven Goldberg: 5 Great Stock Picks and the Exchange-Traded Fund that Owns Them
Mary Pickett, M.D.: Ask the Harvard Experts: Don't be forced into gluten-free lifestyle based merely on a doctor's false-positive test
The Kosher Gourmet by Carolyn Malcoun: DIY healthy lunchbox treats: HOMEMADE FRUIT BARS for kids and brown-bagging adults alike
May 17, 2012
Warren Richey: Teacher fired for being unwed and pregnant can sue religious school, court rules
Josh Mitnick: Netanyahu's 'centrist' coalition is already proving it's anything but
Steven Goldberg: Earn Dividends in Emerging Markets with This WisdomTree ETF
Amina Khan: Research links coffee to lower death rates
The Kosher Gourmet by Faith Duran : Cheesy Potato Breakfast Casserole with Cheddar and Sun-Dried Tomatoes
May 16, 2012
Carmen Terzic, M.D., Ph.D. : Mayo Clinic Medical Edge: A variety of exercises can help improve balance
Melissa Healy: National strategy on Alzheimer's disease aims to halt it by 2025
The Kosher Gourmet by Joyce White : GOODNESS GRACIOUS: GREENS! 4 winning recipes that are no longer just for down-home folks (Includes expert tips & techniques)
May 15, 2012
Kristen Chick: Obama administration resumes arms sales to Bahrain despite serious unresolved human rights issues. Activists feel abandoned
Pat Mertz Esswein: Homes are now affordable again and mortgage rates are low. What you need to know before you buy
Kathy Kristof: Our Practical Investor Fights Inflation with These 6 Investments
Sue Hubbard, M.D.: The Kid's Doctor: Lactose intolerant young child? Check again
The Kosher Gourmet by Kathy Hunt: Spread a Little Excitement with EXOTIC CONDIMENTS (4 RECIPES)
May 14, 2012
Lisa Gerstner: How to Protect Your Identity, Finances If You Lose Your Phone
Harvard Health Letters: Heart disease and dementia
The Kosher Gourmet by Megan Gordon: MANGO COCONUT OAT MORNING MUFFINS are a bright but hearty delight
May 11, 2012
Jessica L. Anderson: Get the Best Deal on a Used Car
Jett Stone: Forget face-lifts and fake knees. Scientists have seen the fountain of youth --- and it's broccoli
The Kosher Gourmet by Chef Mario Batali: The famed chef's vegetable dish that tastes true to the season: FAVAS AND SUGAR SNAP PEAS WITH POTATOES AND TARRAGON
May 10, 2012
Sergei L. Loiko: Putin sends warning to U.S., NATO in Victory Day speech at Red Square
Mary Rourke: How being a 'mentch' got Vidal Sasoon his start and fighting in Israel's War of Independence provided him with confidence and a strong sense of his own identity
Jeff Bertolucci: Get Home Phone Service for Less Than $10 a Month
The Kosher Gourmet by Betty Rosbottom: Gleaming with its golden, crimson, and snowy white hues, this silken smooth and creamy STRAWBERRY ORANGE TRIFLE looks impressive, but is easy to prepare
May 9, 2012
Sharon Palmer, R.D. How you can reduce your risk -- or delay -- chronic diseases associated with aging
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Jewish World Review
April 25, 2007
/ 7 Iyar, 5767
How About Economic Progress Day?
By
John Stossel
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http://www.JewishWorldReview.com |
Last Sunday was marked by an orgy of celebrations of Earth Day, the worldwide annual event intended to "to spark a revolution against environmental abuse."
Even the Bush administration had an Earth Day website, which stated, "Earth Day and every day is a time to act to protect our planet" [http://earthday.gov/].
Watching the media coverage, you'd think that the earth was in imminent danger that human life itself was on the verge of extinction. Technology is fingered as the perp.
Nothing could be further from the truth.
John Semmens of Arizona's Laissez Faire Institute points out that Earth Day misses an important point. In the April issue of The Freeman magazine [http://www.fee.org], Semmens says the environmental movement overlooks how hospitable the earth has become thanks to technology. "The environmental alarmists have it backwards. If anything imperils the earth it is ignorant obstruction of science and progress. ... That technology provides the best option for serving human wants and conserving the environment should be evident in the progress made in environmental improvement in the United States. Virtually every measure shows that pollution is headed downward and that nature is making a comeback." (Carbon dioxide excepted, if ,/I> it is really a pollutant.)
Semmens describes his visit to historic Lexington and Concord in Massachusetts, an area "lush with trees and greenery." It wasn't always that way. In 1775, the land was cleared so it could be farmed. Today, technology makes farmers so efficient that only a fraction of the land is needed to produce much more food. As a result, "Massachusetts farmland has been allowed to revert back to forest."
Human ingenuity and technology not only raised living standards, but also restored environmental amenities. How about a day to celebrate that?
Yet, Semmens writes, the environmental movement is skeptical about technology and is attracted to three dubious principles: sustainable development, the precautionary principle, and stakeholder participation.
The point of sustainable development, Semmens says, "is to minimize the use of nonrenewable natural resources so there will be more left for future generations." Sounds sensible who is for "unsustainable" development?
But as the great economist Julian Simon [http://www.juliansimon.com/] often pointed out, resources are manmade, not natural. Jed Clampett [http://timstvshowcase.com/beverlyh.html] cheered when he found oil on his land because it made him rich enough to move to Beverly Hills. But his great-grandfather would have cursed the disgusting black gunk because Canadian geologist Abraham Gesner hadn't yet discovered that kerosene could be distilled from it [http://www.sjgs.com/history.html#ancient_to_present].
President Bush chides us for our "addiction to oil." But under current conditions, using oil makes perfect sense. Someday, if we let the free market operate, someone will find an energy source that works better than oil. Then richer future generations won't need oil. So why deprive ourselves and make ourselves poorer with needless regulation now?
Anyway, it's not as if we're running out of oil. That's one of the myths I expose in my new book, "Myths, Lies and Downright Stupidity" (linked for purchase below). If the price of a barrel of oil stays high, entrepreneurs will find better ways to suck oil out of the ground. At $50 a barrel, it's even profitable to recover oil that's stuck in the tar sands in Alberta, Canada. Those tar sands alone contain enough oil to meet our needs for a hundred years.
The precautionary principle, popular in Europe, is the idea that no new thing should be permitted until it has been proved harmless. Sounds good, except as Ron Bailey of Reason writes, it basically means, "Don't ever do anything for the first time."
Stakeholder participation means that busybodies would be permitted to intrude on private transactions. Semmens's example is DDT, which for years would have saved children from deadly malaria, except that "'stakeholders' from the environmental quarter have prevailed on governments to ban the trade in this product."
The first victims of these principles are the poor. We rich Westerners can withstand a lot of policy foolishness. But people in the developing world live on the edge, so anything that retards economic progress including measures to arrest global warming will bring incredible hardship to the most vulnerable on the planet.
If we care about human life, we should celebrate Economic Progress Day.
Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.
JUST OUT FROM STOSSEL
Myths, Lies and Downright Stupidity: Get Out the Shovel --- Why Everything You Know Is Wrong
Stossel mines his 20/20 segments for often engaging challenges to conventional wisdom, presenting a series of "myths" and then deploying an investigative journalism shovel to unearth "truth." This results in snappy debunkings of alarmism, witch-hunts, satanic ritual abuse prosecutions and marketing hokum like the irradiated-foods panic, homeopathic medicine and the notion that bottled water beats tap. Stossel's libertarian convictions make him particularly fond of exposes of government waste and regulatory fiascoes. Sales help fund JWR.
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JWR contributor John Stossel is co-anchor of ABC News' "20/20." To comment, please click here.
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