Socialism Is Bad for the Environment

By Shawn Regan – Re-Blogged From National Review

And markets are much better

As the Soviet Union began to collapse, the socialist economist Robert Heilbroner admitted that central planning had failed economically but said we needed “to rethink the meaning of socialism.” Now it was the thing that had to emerge if humanity was to cope with “the one transcendent challenge that faces it within a thinkable timespan.” Heilbroner considered this one thing to be “the ecological burden that economic growth is placing on the environment.” Markets may be better at allocating resources, Heilbroner thought, but only socialism could avoid ecological disaster.

A metalworking plant in Chelyabinsk, USSR, 1991 (Peter Turnley/Contributor/Getty Images)

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Liftoff of SpaceX’s CRS-17 Dragon Cargo Craft

Re-Blogged From WUWT

A cool image as space exploration marches onward. ~ctm

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SpaceX’s Dragon lifted off on a Falcon 9 rocket from Space Launch Complex 40 at Cape Canaveral Air Force Station in Florida on Saturday, May 4, with more than 5,500 pounds of research, equipment, cargo and supplies that will support dozens of investigations aboard the International Space Station. On Monday, May 6, while the station was traveling over the north Atlantic Ocean, astronauts David Saint-Jacques of the Canadian Space Agency and Nick Hague of NASA grappled Dragon at 7:01 a.m. EDT using the space station’s robotic arm, Canadarm2.

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How Capitalism Will Save Endangered Species

By Dan Hannan| – Re-Blogged From WUWT

Not long ago, a new variety of orchid was discovered at the Newmarket racecourse in Suffolk, England. The track’s managers were horrified at first. When an endangered plant is found on your land in England, eco-regulators seize control; and this flower was, apparently, the only one of its kind in the world.

But the Jockey Club came up with an ingenious defense. If the orchid truly was unique, it argued, and if it flourished only on ground that had been churned up by horses’ hooves for the better part of 400 years, then surely the correct course was to maintain that unusual habitat.

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Is Denmark Socialist?

By Otto Brøns-Petersen – Re-Blogged From Prager University

Socialism has failed across the world – from the Soviet Union and Eastern Europe to China, Vietnam, North Korea and, most recently, Venezuela. So now the left references countries like Denmark as “proof” that socialism works. Otto Brons-Petersen explains why they’re wrong: Denmark is just as capitalist as the United States.

Please watch the video.

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Why Has The West Been So Successful?

By Ben Shapiro – Re-Blogged From Prager University

The Western world has produced some of the most prosperous and most free civilizations on earth. What makes the West exceptional? Ben Shapiro, editor-in-chief of the Daily Wire and author of “The Right Side of History,” explains that the twin pillars of revelation and reason — emanating from ancient Jerusalem and Athens — form the bedrock for Western civilization’s unprecedented success.

Please watch the Video.

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In Defence Of Free Markets

Why is it that no one defends free markets, and socialism, despite all the evidence of its failures, comes back again and again? Unsurprisingly, the answer lies in politics, which have always led to a boom-bust cycle of collective behaviour. Furthering our understanding of this phenomenon is timely because the old advanced economies, burdened by a combination of existing and future debt, appear to be on the verge of an unhappily coordinated bust. But that does not automatically return us to the free markets some of us long for.

Cycles of collective behaviour

Throughout history there have been few long-lasting periods of truly free markets. Contemporary exceptions are confined to some small island states, forced to be entrepreneurial by their size and position vis-à-vis the larger nations with which they trade. The governments of these islands know that the state itself is not suited to entrepreneurship. Only by the state guarding the freedom of island markets and the sanctity of property rights can entrepreneurs serve the people in these communities and create wealth for all.

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Keynes Was A Vicious Bastard

By Keith Weiner – Re-Blogged From Gold Eagle

My goal is to make you mad. Not at me (though I expect to ruffle a few feathers with this one). At the evil being wrought in the name of fighting inflation and maximizing employment. And at the aggressive indifference to this evil, exhibited by the capitalists, the gold bugs, and the otherwise-free-marketers.

So, today I am going to do something I have never done. I am going to rant! I am even going to use vulgar language (which is totally justified).

In researching several recent articles, I re-read old passages from Keynes. Consider these snippets:

“For a little reflection will show what enormous social changes would result from a gradual disappearance of a rate of return on accumulated wealth.”

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