Bad Ideas Have Bad Consequences

If you haven’t noticed rising prices here in America for the past twelve months, you’re either Rumpelstiltskin or dead. And if you didn’t expect rising prices, either you’ve not been paying attention to American monetary, fiscal, welfare, and pandemic policies or you’ve not understood basic economics. So, May’s year-on-year “inflation” rate was 8.6%, following April’s 8.3%, continuing […]

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Recovering the Moral Foundations of Economics

Editor’s note: This piece was originally published by the Acton Institute over a decade ago. Many years later, this piece still provides a poignant reflection on economics, socialism, environmentalism, and Christian ethics.  During the summer of 1980, I met weekly for breakfast, prayer, and study with a minister friend of mine. A warm-hearted, intelligent man,

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The Fossil Fuel Dichotomy: Biden and the East’s Contrasting Energy Approach

While leaders in the West are obsessed with a fossil fuel-less utopia, the developing economies of the world are going full-throttle on fossil fuel.  Could we be heading into an East-West dichotomy where different directions for the energy sector are pursued, making the East more energy secure and imperiling energy security in the West? It

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Why Has Cornwall Alliance Paid So Much Attention to the Coronavirus Pandemic?

The Cornwall Alliance’s mission is “to magnify the glory of God in creation, the wisdom of His truth in environmental stewardship, the kindness of His mercy in lifting the needy out of poverty, and the wonders of His grace in the gospel of Jesus Christ” by educating “the public and policymakers about Biblical earth stewardship,

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The Intrinsic Value of Nature and the Proper Stewardship of the Climate

Ross McKitrick[1] Department of Economics University of Guelph For presentation to “Exploring the theological, economic, cultural and political assumptions for faith groups (and others) dealing with climate change.” Conference at Huron College, University of Western Ontario, May 29, 2012. Abstract: Historically there have been three broad ways of viewing the natural world. Primitive cultures viewed

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No More Secret Science, Needs No More Secret Economics

Controversial Administrator at the Environmental Protection Agency (EPA), Scott Pruitt, said in a press release on April 24th that: “The era of secret science at [the] EPA is coming to an end.” This is in the context of him signing a proposed rule to strengthen the science used in regulations issued by EPA. This is also

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Chennai, India’s Cold Winter vs. Global Warming Hype

Why do developing countries like India fear calling out the climate myth? Because doing so would risk international trade relations by challenging the European economic powerhouses that are vehemently opposed to any country that leaves the Paris accord. In fact, the European Union’s new Brussels policy stipulates that the EU will not sign trade pacts with

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Wealthy Countries Resilient in the Face of Extreme Weather

Since 1900 the number of deaths from natural disasters, including floods, hurricanes/cyclones, earthquakes, and tornados, has fallen dramatically, even as the number of reported occurrences of such events increased due to improved telecommunications and technologies to track and report such events, broader news coverage, and the globalization of international aid. Even as global population has

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