Wednesday, October 28, 2009

WSJ.com - Freaked Out Over SuperFreakonomics

I read "Freakonomics" a couple years back.  Looks like I need to read the sequel too!

WSJ.com - Opinion: Freaked Out Over SuperFreakonomics

Suppose for a minute—which is about 59 seconds too long, but that's for another column—that global warming poses an imminent threat to the survival of our species. Suppose, too, that the best solution involves a helium balloon, several miles of garden hose and a harmless stream of sulfur dioxide being pumped into the upper atmosphere, all at a cost of a single F-22 fighter jet.

More subversively, they [University of Chicago economist Steven Levitt and writer Stephen Dubner, authors of "SuperFreakonomics"—the sequel to their runaway 2005 bestseller "Freakonomics"] suggest that climatologists, like everyone else, respond to incentives in a way that shapes their conclusions. "The economic reality of research funding, rather than a disinterested and uncoordinated scientific consensus, leads the [climate] models to approximately match one another." In other words, the herd-of-independent-minds phenomenon happens to scientists too and isn't the sole province of painters, politicians and news anchors.

But perhaps their biggest sin, which is also the central point of the chapter, is pointing out that seemingly insurmountable problems often have cheap and simple solutions.

...it may well be that global warming is best tackled with a variety of cheap fixes, if not by pumping SO2 into the stratosphere then perhaps by seeding more clouds over the ocean. Alternatively, as "SuperFreakonomics" suggests, we might be better off doing nothing until the state of technology can catch up to the scope of the problem.

All these suggestions are, of course, horrifying to global warmists, who'd much prefer to spend in excess of a trillion dollars annually for the sake of reconceiving civilization as we know it, including not just what we drive or eat but how many children we have. And little wonder: As Newsweek's Stefan Theil points out, "climate change is the greatest new public-spending project in decades." Who, being a professional climatologist or EPA regulator, wouldn't want a piece of that action?




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