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People who advocate a steady state economy as a way out of the recession are actually advocating a form of a centrally planned economy. The way out of the recession is not through a steady state economy, but through economic growth.
Alternatives to traditional energy sources are still too expensive.
Almost everything you hear at graduations - and read on the internet, and watch on television - focuses on the idea of work, especially entrepreneurship, as a means of self-expression and (to use the term from David Brooks) self-actualization.
To "live simply" would not allow others to simply live. It would turn back the clock to a time when, unheard and unseen, the world's poorest would simply perish.
The right thing to do is to strike all energy subsidies, tax the environmental harms that energy demonstrably creates, and let the market sort it out.
This is the season of generational twaddle. At graduation ceremonies across the country, politicians, authors, actors, and businessmen take to the stage to tell young people they are fantastic simply because they are young. This year, the ritual is more pathetic than usual because there’s a presidential election in the offing.
Here’s the problem: The president never defines what he means by “fair.” And this is for a simple reason: his definition is simply not recognizable to most Americans.
With the threat of a veto hanging over its head, the National Defense Authorization bill heads to the House floor today for debate. Among the provisions are several dealing with the question of a nuclear weapons armed Iran, and what the United States should do to avert a crisis, prepare to handle the threat, or eliminate the threat altogether.






