Exhausted commodities? » The Cobden Centre

In recent weeks, we have argued strongly against any relapse into Malthusianism or any of the other, fashionable Green neuroses which readily afflict those dealing with the more tangible examples of Man’s ongoing fight against scarcity.

Neither the Gaian prophets, fulminating about planetary exploitation, nor the vacationing engineers, misapplying the narrow rigour of their own profession to a wholly different, open-ended problem of ends, not means, are to be paid heed if we are to think at all clearly about such matters.

In propounding this viewpoint—something we might, after Matt Ridley, term Rational Optimism—we have been mocked in some Peak Oil quarters for believing the world can power itself on ‘green unicorn dust’.

Read the rest of this superb article: Exhausted commodities? » The Cobden Centre.

As I have said before, including at a general election hustings, the greatest threat to mankind’s prosperity and progress is not climate change, resource depletion or population growth but bad economics.

Norwich North, the Greens and the credit crisis

Today while telling in Norwich North, I was joined by a charming lady from the Green Party.

In conversation, she indicated the Green view that the present crisis was caused by the liberalisation of banking and the operation of the free market. I explained the ways in which I disagreed.

These are the posts I recommended:

As I said earlier, perhaps the greatest of my dissatisfactions with the Green Party is their lack of a coherent explanation for misallocation (that is, waste) of resources, resource over-consumption and the boom-bust cycle. If we truly care about the environment and people’s well-being in it, good intentions and passion are not enough: we must understand the way society works and the factors affecting consumption.

In the meantime, all the best today, on polling day, to Chloe Smith.