Thursday, October 27, 2011

Wealth and the Environment

Economists have long recognized that a clean environment is somewhat of a luxury good.  Any restriction of enterprise will increase cost of living, and when people are struggling to make ends meet.  Peoples' first priority, at least in the overall society sense, will always be the well-being of themselves and the people they care about. 

Bearing that in mind, I am really not surprised by accounts that I read about waning popular support for policies designed to "curb" global warming.  To the economics reasons for fading support, you have to add in the various unethical and anti-scientific actions of recent years by those that support climate change legislation.

THIS ARTICLE is about as charitable and generous as you can get. 

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