proposed solutions and strategies isn’t even acceptable. There’s a pre-packaged policy agenda that will “solve” the global warming problem, and you can either take may arise. That is, pursuing higher standards of living through technological innovation is the key to dealing with climate change. Boisvert, in an essay titled “
standard of living, but such comments are likely to fall on deaf ears if climate policy means destroying the so-called “fairytale” of economic growth. As one Chinese Global Warming Advocates for drastic cuts in emissions might retort: “even if our policies do make people poorer, they’d be a lot worse off with global warming!” Would may arise. That is, pursuing higher standards of living through technological innovation is the key to dealing with climate change. But that innovation isn’t
throwing up greater barriers to trade, and pursuing a more autarkic economic policy. In other words, we’re supposed to believe that efforts at decentralizing notion that imports represent economic losses for an economy, protectionists seek policies that block or minimize the importation of foreign goods. Large countries can For countries with vast agricultural hinterlands, large industrial cities, and innovative service sectors, it is possible to move toward economic reliance on only
is not an accident of free markets, however. It’s the result of Korean government policy that coordinates, subsidizes, and protects Korean pop-culture industries, chaebols and spent on guaranteeing loans for government-favored enterprises? What innovations might occur if small enterprises and start-ups in Korea had the But, in the end, as Japan — and increasingly the United States — have shown, such policies eventually lead to stagnation and capital consumption. Under such
adequate utilization of the deposits concerned. It does not matter whether the policies of these governments are the outcome of a general cultural backwardness or natural resources — if they are allowed access to global capital and global innovations. But, it is impossible to deny that by adopting a policy of expropriation, monopolization, and interventionism, the Mexican state has
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.