quinta-feira, julho 03, 2014

The Rage of the Climate Central Planners

The Rage of the Climate Central Planners:
.. I was merely extending F.A. Hayek’s “knowledge problem.”

We can’t know with certainty whether, to what extent, and with what result, and in light of possible countervailing factors, how climate change (especially not 50 years from now) really affects life on earth. We can’t know the precise causal factors and their weight relative to the noise in our models, much less the kinds of coercive solutions to apply and whether they have been applied correctly and with what outcomes, much less the costs and benefits.

We can’t know any of that before or after such possible solutions have been applied. Science requires a process and unrelenting trial and error, learning and experimentation, the humility to admit error and the driving passion to discover truth. In other words, real science requires freedom, not central planning. The idea that any panel of experts can have the requisite knowledge to make such grand decisions for the globe is outlandish and contrary to pretty much everything we know.

Plus, throw politics into the mix and matters get worse. From everything I’ve read, I’m convinced that fear over climate change (the ultimate public goods “problem”) is the last and best hope for those lustful to rule the world by force. Some people just want to run the world, and this entire nightmare scenario that posits that our high standard of living is causing the world to heat up and burn is the latest and greatest excuse. And that remains true whether or not everything they claim to be true is all true or all nonsense.

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