Monday, January 3, 2011

Environmentalism's impact on the economy

Here's a book to read in 2011: Money, Greed, and God: Why Capitalism Is the Solution and Not the Problem

Check out the review at
From the review: "Strong laws guarding private ownership stimulates an economy while lax laws or laws prohibiting ownership will depress an economy."

A friend of mine pointed out that laws about private ownership have been steadily eroded over the past decade or two. People lose their private property through condemnation by government, which then turns around and gives the property to commercial developers for malls (Kelo v. New London decision in 2005 says the government can do so). Here in the west we're seeing the Endangered Species Act being used as a tool to continue eroding private property rights.

Next time you're swayed by an environmentalist group's glossy photos of big-eyed "endangered species" think twice. Not every good intention is truly a good one.

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