Category Archives: Business

Billion-Wise, Ten-Billion Foolish

I agree with Clark Lindsey’s post title on the stunningly stupid news that the Deficit Commission has recommended axing Commercial Crew, except it will end up costing a lot more than ten billion. It’s pretty clear from the announcement that they don’t even understand the purpose, and that it would save NASA billions. In fact, they are unwittingly recommending ending NASA human spaceflight, and consigning us to continuing to be held hostage by the Russians for years. More thoughts later, here or elsewhere. All of the nonsense about this in the media over the past many months hasn’t helped, of course.

[Evening update on the Left Coast]

I have more extensive thoughts over at National Review On-Line.

A Feature, Not A Bug

Privatizing liquor would increase revenue and decrease consumer costs, but it would result in government layoffs:

As I noted in August, privatization advocates also have been known to argue, with a logic familiar to fans and foes of President Obama’s stimulus package, that the business of distributing alcoholic beverages should be designed to maximize jobs—i.e., to be as inefficient as possible.

Why do we have to be ruled by economic ignorami? And why is it that only places like Reason point things like this out? Why can’t the lame-stream media think, just a little, when they report this stuff?

On Conservative Skepticism Of Climate Policy

I’m pretty much on the same page as Jonathan Adler:

Hendricks’ effort to scare conservatives into supporting big government now to avoid bigger government later rings particularly hollow. Why is it that everything requires bigger government? Climate change is a threat? Extend government tentacles throughout the economy. Climate change is already happening? Ditto. Adaptation is necessary? More of the same. Were climate change not happening at all, I suspect Hendricks would still endorse a substantial expansion in government power.

Admittedly some on the right are equally reflexive, assert government is never the answer, and go to lengths to deny climate change poses any threat whatsoever. Yet there are also plenty of conservatives and libertarians who are deeply skeptical of government intervention, but are nonetheless willing to believe global warming might be a problem. It’s perfectly reasonable to believe that reducing greenhouse gas emissions does not require the enactment of monstrous, pork-laden, regulatory statutes like Waxman-Markey. And it’s not at all clear that climate adaptation necessitates a massive expansion of government power. In many areas, such as water, climate adaptation requires more reliance on markets, not less. Climatopolis author Matthew Kahn also blogged here about how successful climate adaptation will be driven by market forces, not government planners.

I share Hendricks’ and Farber’s frustration that more conservatives don’t take climate change or other environmental concerns seriously. But I also believe some of this is the environmentalist movement’s own doing. If everything calls for the same big government solution, why does it matter what the problem is?

Concern about the environment has always been hijacked by socialists, going all the way back to the early “progressive” movement, and the trend just got worse with the end of the Cold War, and socialism discredited, after which they changed brands and became watermelons. Policy has to be based on a rational calculation of the costs and benefits, rather than simply using every perceived crisis as an excuse for further accumulation of government power.