A man works in a Gary, Indiana steel factory. His high school son contemplates his future. The factory may close due to competition from cheaper imports. If so, jobs will be lost and people hurt. Should we let the factory go under or protect it with tariffs or quotas? The answer doesn’t come from tallying […]

“Everyone works for love and money and no one has enough of either.” Throughout the developed world, the balance between love and money implied by this aphorism is no longer true. Our astounding wealth would be unimaginable to my frugal grandparents, relatively prosperous rural people born in the late 1800s. This wealth creation creates turmoil […]

Bjorn Lomborg calls himself “an old left-wing Greenpeace member” . He teaches statistics in the department of political science at the University of Aarhus, Denmark. In 1997, an article about the late economist Julian Simon angered him. He claimed that the state of humanity and the natural environment were both improving. Specifically, Simon predicted: “The […]