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Dagny's Desk

Daily Archives: 14 February 2008

Ops, our central planners made an error re: global warming

14 Thursday Feb 2008

Posted by Dagny Gromer in cultural marxism, Economics, Global Warming, political correctness

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biofuel, central planning, Economics, Global Warming, socialism

http://freakonomics.blogs.nytimes.com/2008/02/13/global-warming-and-the-minefield-of-unintended-consequences/

Global Warming and the Minefield of Unintended Consequences – Freakonomics – Opinion – New York Times Blog via kwout

Our all knowing rulers and central planners, who know what is good for us and who are bound and determined to impose their will upon us, made an error. Ops! Turns out that biofuels – or turning the last 1/2 inch of topsoil in the mid west into corn derived ethanol, causes more environmental problems than it fixes.

What a great example of why socialism failed! Only the marketplace, that is the result of free people making self interested decisions, can improve the human condition. Yes, freedom works!

By the way, the most destructive of these socialistic central planners are central banks – the US Federal Reserve, the EU central bank, et al.

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