Friday, May 10, 2013

Weekend Reading

CO2 is not only not a pollutant, it's absolutely necessary for life on our planet.  But the enviros had done a great job in demonizing this poor chemical.  However, in a WSJ piece a couple of days ago, distinguished Professor of Physics at Princeston William Happer and former Apollo 17 astronaut Harrison Schmitt muster up a terrific defense of CO2.

In the 1980s, many so-called experts predicted that, by the year 2000, Japan would pass the US and have the most powerful economy in the world.  That, of course, did not happen.  Currently China is the new Japan.  But Steven Hayward, blogging at Powerline, suggests that China is likely to go the way the of Japan.  You can find his informative article article here.

One of the constant themes I push in my undergrad classes is the fact that since the 1930s, when FDR pretty much decimated the flood gates, virtually every Democratic and Republican administration has expanded the scope of the federal government via spending.  My more conservative students are often surprised to learn that even Republican hero Ronald Reagan increased the size of government during his eight years at the helm.  Thus, it's likely you won't be surprised to learn that I enjoyed very much economist Veronique de Rugy's recent article at  Since she pretty much presents my lecture in her article, it obviously must be excellent!