The Right Coast

March 11, 2004
Regulate before it's too late
By Tom Smith

Science has its fads, memes and bubbles too. (via arcturus.) Although I am not an expert on global warming, I seem to be the only person who isn't. While people who seem to know what they are talking about think the planet might be getting warmer, I doubt very much we have any idea how much human activity has to do with that. As to climate models, oh please. I have seen economists from the Fed model the macro-economy, and it makes sausage making look pretty. Somehow I doubt the world climate over centuries is any easier. And how much grant money is the science guy who produces a model suggesting we just can't know, going to get? The moral is, we had better hurry up and establish some kind of ridiculously inefficient and corrupt international system to tell every country how much economic growth they can have, before we realize the science wasn't very good after all. We did that with financial markets in the 1930's and we're happy with that, aren't we?