A lesson in economics and optimism

On what principle is it, that when we see nothing but improvement  behind us, we are to expect nothing but deterioration before us?

Thomas Macaulay

I have just reviewed an outstanding book that I consider the perfect foil for the pessimism of the Left, and an ideal primer for the economically illiterate. It would be an inspiring Christmas present for anyone floundering with notions of economic progress, who doubts man’s ability to respond to environmental problems, or for those worried by peak oil or climate change. It is the perfect response to silly books like Affluenza by Clive Hamilton,  or irresponsible alarmism Australian of the Year Tim Flannery, who so confidently predicted water shortages for Australian cities. But don’t expect this book being discussed in a literary festival or a “dangerous ideas’ talkfest. It is far too dangerous…

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