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On the ‘Ultimate Resource,’ Human Ingenuity

By Robert Bradley Jr. -- September 3, 2019

“Discoveries, like resources, may well be infinite: the more we discover, the more we are able to discover.” (Julian Simon, The Ultimate Resource 2, p. 82)

“The world is not ‘a bundle of hay’ but a living growing complex of matter and energy, a process rather than a thing.” ( Erich Zimmermann, World Resources and Industries, 1951, p. 815.

What explains the happy fact (really the miracle of man) that the more we discover, the more we find out if left to discover? Instead of mineral depletion, we have mineral expansion–turning the Malthusian predicament on its head. And instead of weather/climate doom, we have successful adaptation in wealthy (as in healthy) free economies.

Labor Day has passed, a day that could be renamed Energy Day for the saved labor that modern energy has transferred to machines and appliances.…

Review of ‘Introduction to Modern Climate Change’ by Andrew Dessler (Part II: Physical Science)

By Robert Bradley Jr. -- August 22, 2019

This continues my three-part review of Andrew Dessler’s primer on the physical science and political economy of climate change, Introduction to Modern Climate Change (2nd edition: 2016).

Part I, “Suggestions for More Interdisciplinary Scholarship, Less Advocacy,” brought attention to the uneven treatment of issues in science, economics, and public policy that tainted the primer. I questioned the Deep Ecology assumption of optimal nature, wherein, according to Dessler, “any change in climate, either warming or cooling, will result in overall negative outcomes for human society” (p. 146).

This seems exactly wrong in our interglacial period when climate-related fatalities have fallen dramatically and agricultural production has soared thanks to warmth but particularly to fossil-fueled capitalism. Incentives and wealth have proven more than a match for the vicissitudes of weather and climate. As Alex Epstein (The Moral Case for Fossil Fuels, pp.…

Dessler’s “Introduction to Modern Climate Change:” Suggestions for More Interdisciplinary Scholarship, Less Advocacy

By Robert Bradley Jr. -- August 21, 2019

“This is not an advocacy book…. (p. xi)

“[T]he single most important thing you can do is become politically active … and vote for politicians who support action on climate.” (p. 245)

In the Acknowledgements of Enron Ascending: The Forgotten Years (2018), I co-dedicated the book to a scholar and friend who crossed disciplines to advance our understanding of the real world. His intellectual trespassing benefited from diligence and fairness. I wrote: “Donald Lavoie taught me the value of scholarship in which opposing views are deeply understood, charitably interpreted, and thoroughly evaluated.”

This brings me to Andrew Dessler’s Introduction to Modern Climate Change (2nd edition: 2016, 3rd ed. in process). While this book is well organized, clearly written, and full of settled physical science, it fails the Lavoie Standard in the areas of unsettled climatology, history, and political economy.…

Adaptation: Think about It (a ‘free-market jihadist’?)

By Robert Bradley Jr. -- August 20, 2019

‘America’s Energy Dominance and Manufacturing Revival’ (Trump Remarks, August 13, 2019)

By Robert Bradley Jr. -- August 19, 2019

Charles Koch vs. Crony Capitalism

By Robert Bradley Jr. -- August 15, 2019

Renewable Energy: Second Thoughts (Moore/Gibbs documentary in the news)

By Robert Bradley Jr. -- August 14, 2019

Trump on Energy: August 1, 2019, Cincinnati Rally

By Robert Bradley Jr. -- August 13, 2019

‘Sustainability’ Accounting: Subjectivism Compounded (political numbers pollution)

By Robert Bradley Jr. -- August 8, 2019

Milton Friedman on Crony Capitalism in the US Oil Industry

By Robert Bradley Jr. -- July 31, 2019