FT.com – The brighter side of expensive oil

Perhaps cold comfort to those of us who live out of the city:

It is often pointed out that if Martin Luther King’s most famous speech had declared: “I have a nightmare”, he would not have persuaded anyone.

He might not have sold very many books, either. There is only so much gloom the average reader can take, and today’s publishing climate is not receptive to Old Testament prophecies of imminent destruction.

Expensive petrol, he suggests, will bring all sorts of benefits, from lower road deaths and less obesity to tastier, locally grown food. It could also mean the downfall of Wal-Mart and the “carnival of excess” that is Las Vegas: deaths that Mr Steiner does not seem inclined to mourn.

via FT.com / Books / Non-Fiction – The brighter side of expensive oil.

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