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Professor: Ignore Global Warming and Celebrate Capitalism

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Numerous climate change skeptics have spent most of the two decades denying increasing atmospheric greenhouse gas concentrations were anything to worry about. Donald J. Boudreaux, the chairman of the Department of Economics at George Mason University and an Adjunct Scholar at the Cato Institute, takes a different tack. Referring to a recent New York Times report on increasing human longevity, Boudreaux attributes the change to the economic productivity of "capitalism." Turning to climate change, he argues that "it's a perfectly legitimate stance for truly reasonable people to conclude that the best policy regarding global warming is to neglect it -- and let capitalism continue to make us healthier and wealthier."

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