Categories
folly free trade & free markets general freedom ideological culture moral hazard nannyism national politics & policies property rights responsibility

Climate Changelings

Worried that the world is going to sacrifice progress for the mess of pottage that is “global climate change”?

Don’t. Years ago, economists specializing in game theory recognized that the governments of the world would be extremely unlikely to agree to reduce carbon dioxide emissions. The incentives are all wrong for that.

Last month, the great debunker of junk climate science, Patrick Michaels, reporting on the recent Paris talks, concurred. The international agreement going forward is so worded as to be “free to be meaningless.” Countries can claim to be “doing something,” but effectively accomplish nothing. Which allows “the world’s largest emitter (China) and the third-​largest one (India)” to balk.

But the ole USA? It is doing something …

and it’s going to cost. Here’s one reason: Under Obama’s Clean Power Plan, substitution of natural gas for coal in electrical generation isn’t going to increase, even though it produces only half the carbon dioxide per kilowatt of electricity as coal. Instead, his EPA says power companies have to substitute unreliable, expensive “renewables,” mainly solar energy and wind. These are mighty expensive compared with new natural-​gas power. And even the Clean Power Plan won’t meet our Paris target.

Obviously, what we have to worry about are our martyrdom-​prone environmental zealots and their power-​hungry (political power-​hungry) friends ensconced in government.

They just can’t leave well enough alone, for, as Michaels notes, even CO2 emissions improve with industrial progress — when markets are free and property rights established.

But anti-​capitalists in and out of government don’t want improvements to come naturally. Apparently, they would rather make things worse even by their own standards than let markets work.

This is Common Sense. I’m Paul Jacob.


Printable PDF

Paris, climate change, global warming, natural gas, fracking, Common Sense, illustration

 

Categories
general freedom nannyism privacy

One, Two or Free?

The vast majority of Chinese people are celebrating. Last week, the 18th Central Committee of the Chinese Communist Party decreed that it will cease enforcing the one-​child-​only policy this coming March — after 35 years — as part of its 13th Five Year Plan.

Just speaking for myself, infanticide, coerced abortions and forced sterilizations seem … well, not good. Bad, even. Really bad. Or more precisely, evil, tyrannical and totalitarian … you know, if we want to use such “extreme” language.

But not everyone sees it my way.

Back in 1990, Molly Yard claimed that “[t]he Chinese government doesn’t coerce people.” Why, according to this former head of the National Organization of Women, “the only responsible policy [China] can have is to control family planning.” She went all the way: “I consider the Chinese government’s policy among the most intelligent in the world.”

The Los Angeles Times reported in 2012 that China’s “population control efforts have helped lift hundreds of millions of people out of poverty and contributed to China’s spectacular economic growth.”

That has not only been disputed — many economists point to policy changes that allowed entrepreneurship and private property — but overturned by reality. The one-​child policy has been a disaster. There are now 117 young men for every 100 young women in China, and an aging population without enough youngsters to provide for them.

Alas, the one child policy is not being replaced with reproductive freedom. The government will still limit couples to two kids. That’s better than one, sure. But I have three children. If I were Chinese, I wouldn’t want to give up one of them.

This is Common Sense. I’m Paul Jacob.


Printable PDF

one child policy, china, family planning, communist, five year plan

 

Categories
folly property rights too much government

Rare Earth Reserve

There are many places on this planet I would hardly dare visit, much less seek to live near.

One of those places is remote Baotou, in Inner Mongolia, a boom region where much of our planet’s rare earth industry is located.

It becomes obvious as you read Tim Maughan’s BBC report on the region, “The dystopian lake filled by the world’s tech lust,” that the reason China now “monopolizes” this industry is that un-​democratic, illiberal China does not have a Not-​In-​My-​Back-​Yard “problem.”

NIMBY is for freer societies.

The devastation to the landscape, Maughan writes, is astounding in scope and horror. “Dozens of pipes line the shore, churning out a torrent of thick, black, chemical waste from the refineries that surround the lake,” he explains. “The smell of sulfur and the roar of the pipes invades my senses. It feels like hell on Earth.”

But NIMBYnomics aside, Maughan’s parting shot is interesting. “[O]nce we made watches with minerals mined from the Earth and treated them like precious heirlooms; now we use even rarer minerals and we’ll want to update them yearly. Technology companies continually urge us to upgrade; to buy the newest tablet or phone. But I cannot forget that it all begins in a place like Bautou, and a terrible toxic lake that stretches to the horizon.”

I hazard that Apple and its competitors will discover ways around rare earth reliance, in the future — if consumers raise a stink.

It is amazing how responsive free markets can be.

And as for outrageous pollution? Socialist command economies were notorious for their horrifying pollution standards back in the day. Corporatist, one-​party (fascist) China carries on that tradition.

The cure for pollution is obvious.

This is Common Sense. I’m Paul Jacob.


Printable PDF

NIMBY

 

Categories
general freedom ideological culture

How to Occupy Hong Kong

The fight for freedom doesn’t stop at the border.

Hong Kongers, we are with you.

Your protest against continued tyranny by mainland China is a just cause. The Communist Party of China may no longer be in Marx’s pocket, but its members remain greedy and dictatorial and oppressive.

Leung, the governor of Hong Kong, refuses to step down. Tyrants do cling to power. (No term limits for them!) But the people have every right to demand his ouster under a principle established in our own revolution: Government must rest upon the consent of the governed.

I have no idea how this will all turn out. Ever since the Tiananmen protests, a generation ago, I’ve harbored hope: a freer future for the Chinese. But I know they are up against a juggernaut, an extremely entrenched exploiter class. The Tiananmen protests were violently put down, suppressed. Will Hong Kong’s be?

I think the people of Hong Kong know what they’re up against. All Chinese people know how corrupt and dangerous their government is. But the details, the exact history of the crimes? Not so much. Kept under wraps. Still, the people of Hong Kong developed a taste for freedom under the Brits. If not a taste for democratic elections. Now they are demanding both electoral democracy and democratic freedoms.

The protesters “occupying” Hong Kong have American analogues. But are they “Occupier” or “Tea Party”?

They aren’t demanding socialistic levels of more government. And they aren’t trespassing, or committing crimes. And they pick up after themselves.

That’s the way to “occupy” a city: For freedom, responsibly.

This is Common Sense. I’m Paul Jacob.

Categories
free trade & free markets insider corruption

Copper Tubes in Alabama

You’ve gotta be somewhere, so you might as well choose where that somewhere is in a non-​random fashion.

That seems to be the rule.

One consequences of this is that we now have local government officials and functionaries jet-​setting the world promoting their towns, counties, cities … their hills and their dales.

A fascinating report from The Economist tells how the mayor of Thomasville, Alabama, came to sit in a north China pipe-​factory canteen talking up his town. “Sheldon Day was there to drum up investment,” the report explains. “Two years ago he convinced another Chinese company, which makes copper tubes, to build its first American factory in the county next door. The plant will create around 300 jobs when it opens next year. Mr Day wants more.”

It’s a charming tale, even if “the battle for Chinese attention” be “fierce.” And risky:

The mayor of Farmer City, Illinois, cancelled his plans after residents expressed anger at the idea of using city money to woo foreign businesses. Chad Auer, a mayor in a right-​wing bit of Colorado, had to take to YouTube to explain that when Richard Nixon went to China in 1972, it turned out to be worth his while.

Nixonian prudence aside, there’s an even darker aspect to this practice: Bending over backwards to entice businesses to an area … at the expense of existing businesses, residents, and any concept of equality before the law.

I refer, of course, to “tax incentives,” loopholes, tax credits, regulatory workarounds, and the like.

Fine, you pillars of society, going off promoting your town — so long as no special deals are made.

But make special enticements, and you morph from “seller” of community to “sell-​out.”

This is Common Sense. I’m Paul Jacob.

 

Categories
media and media people

Too Much Truth

Both what to report and when to report it can be legitimately debated in an editorial room. But not whether to accept demands to conceal “unflattering” truth for the sake of being allowed to report at all.

That’s the “dilemma” some news organizations face when they wish to report from within a country whose government will deny access unless they toe the line.

The reportage by longtime Reuters journalist Paul Mooney, who specializes in China, has apparently been too candid. The Chinese government has denied him a visa. His career there may be over. What should Reuters do?

Not what Bloomberg News did when its reporting incurred the displeasure of Chinese officials. Bloomberg spiked an investigative report about the financial ties between billionaire businessmen and Politiburo officials, for fear of being ejected from the country. Bloomberg insists that it has merely delayed the story. But the motive is clearly a desire to appease the Chinese government, which has already blocked the Bloomberg News website inside China and refused new visas to Bloomberg journalists.

Instead of killing or deferring disapproved journalism, any news outfit threatened with expulsion by an authoritarian government should publish its honest reports and let the chips fall where they may. If kicked out, it should seek other ways to report on the country. Covert communiqués from careful Chinese citizens. Secondary sources if necessary. That’s better than actively cooperating with wrongdoers to hide their sins.

It’s really not too different from crime reporting. Crime bosses don’t like a nosy press, either.

This is Common Sense. I’m Paul Jacob.