Politics

SKOUSEN: Global Warming Hysteria Strikes the Earth

“How dare you!” — Greta Thunberg before the United Nations (to thunderous applause)

The global warming alarmists are everywhere. Al Gore is back with his scare-mongering. Anti-capitalist Naomi Klein has another new book out, “On Fire: The (Burning) Case for a New Green Deal”
and Jeremy Rifkin has written “The New Green Deal: Why the Fossil Fuel Civilization Will Collapse by 2028 and the Bold Economic Plan to Save Life on Earth.”

Even the Economist magazine, which should know better, has drunk the purple kool-aid with its recent “Climate Issue” (the Sept. 21 issue) warning of dramatically higher sea levels. The editors are prescient in saying, “it will be the death knell for economic freedom” and capitalism as we know it.

Ideas have consequences, especially bad ideas. Back in the 1970s, a Chinese official got a hold of Paul Erhlich’s bestseller, “The Population Bomb” and convinced the Chinese government to adopt its disastrous “one child” policy.

The Green New Deal could have similar disastrous consequences in the United States and around the world.

As economist Richard Ebeling states, “Greta Thunberg shouted, ‘how dare you’ to all of those who have not jumped on the climate change hysteria and demanded global central planning to set the planet right. Her temper tantrum does not deal with the reality of the limited impact that supposed ‘global warming’ is said to be threatening the world, and the, in fact, relatively minor consequences if nothing were done, as opposed to regulating material progress out of existence as demanded by the panic mode of ideological zealots.”

To find out the truth about global warming, watch this video.

Mark Skousen

Mark Skousen, Ph. D., is a professional economist, investment expert, university professor, and author of more than 25 books. He earned his Ph. D. in monetary economics at George Washington University in 1977. He has taught economics and finance at Columbia Business School, Columbia University, Grantham University, Barnard College, Mercy College, Rollins College, and is a Presidential Fellow at Chapman University. He also has been a consultant to IBM, Hutchinson Technology, and other Fortune 500 companies. Since 1980, Skousen has been editor in chief of Forecasts & Strategies, a popular award-winning investment newsletter. He also is editor of four trading services, Skousen TNT Trader, Skousen Five Star Trader, Skousen Home Run Trader, and Skousen Fast Money Alert. He is a former analyst for the Central Intelligence Agency, a columnist to Forbes magazine (1997-2001), and past president of the Foundation for Economic Education (FEE) in New York. He has written articles for The Wall Street Journal, Liberty, Reason, Human Events, the Daily Caller, Christian Science Monitor, and The Journal of Economic Perspectives. He has appeared on ABC News, CNBC Power Lunch, CNN, Fox News, and C-SPAN Book TV. In 2008-09, he was a regular contributor to Larry Kudlow & Co. on CNBC. His economic bestsellers include “Economics on Trial” (Irwin, 1991), “Puzzles and Paradoxes on Economics” (Edward Elgar, 1997), “The Making of Modern Economics” (M. E. Sharpe, 2001, 2009), “The Big Three in Economics” (M. E. Sharpe, 2007), “EconoPower” (Wiley, 2008), and “Economic Logic” (2000, 2010). In 2009, “The Making of Modern Economics” won the Choice Book Award for Outstanding Academic Title. His financial bestsellers include “The Complete Guide to Financial Privacy” (Simon & Schuster, 1983), “High Finance on a Low Budget” (Bantam, 1981), co-authored with his wife Jo Ann, “Scrooge Investing” (Little Brown, 1995; McGraw Hill, 1999), and “Investing in One Lesson” (Regnery, 2007). In honor of his work in economics, finance, and management, Grantham University renamed its business school “The Mark Skousen School of Business.” Dr. Skousen has lived in eight nations, and has traveled and lectured throughout the United States and 70 countries. He grew up in Portland, Ore. He and his wife, Jo Ann, and five children have lived in Washington, D.C.; Nassau, the Bahamas; London, England; Orlando, Fla.; and New York. For more information about Mark’s services, go to http://www.markskousen.com/