The committee to save the world

13 Mar, 2015 at 16:54 | Posted in Politics & Society | 2 Comments

comSaving the world? The moral-ethical calibre of at least two of these guys makes me wonder how one could even entertain such a bizarre idea.

Re Greenspan, yours truly can’t but agree with Paul Krugman — he isn’t just a bad economist, he’s a bad person. What else can one think of a person that considers Ayn Rand — with the ugliest psychopathic philosophy the postwar world has produced — one of the great thinkers of the 20th century? A person that even co-edited a book with her — maintaining that unregulated capitalism is a “superlatively moral system”. A person that in his memoirs tries to reduce his admiration for Rand to a youthful indiscretion — but who actually still today can’t be described as anything else than a loyal Randian disciple.

And Summers — well an economist who writes that he has

always thought that under-populated countries in Africa are vastly UNDER-polluted, their air quality is probably vastly inefficiently low compared to Los Angeles or Mexico City

and that

only the lamentable facts that so much pollution is generated by non-tradable industries (transport, electrical generation) and that the unit transport costs of solid waste are so high prevent world welfare enhancing trade in air pollution and waste.

certainly isn’t on my toplist of would-be world saviours …

2 Comments

  1. Perhaps the “world” that Time wants to see saved is the economic world of banks and finance – the world of flora and fauna does not matter to Time.

  2. Lars, I want to be like you when I grow up. And I mean it! 🙂


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