I had the opportunity to hear Competitive Enterprise Institute’s Greg Conko talk about the “precautionary principle” today. The precautionary principle was enshrined by the Rio Declaration on Development and Environment in 1992: “Where there are threats of serious or irreversible damage, lack of full scientific certainty shall not be used as a reason for postponing … Continued
Reuters is reporting that Vatican, in its infinite wisdom, is calling for a “global authority on the economy” in an official document from the papacy’s creepily named “Justice and Peace Department.” It condemned what it called “the idolatry of the market” as well as a “neo-liberal thinking” that it said looked exclusively at technical solutions to economic … Continued
Now that the Senate has rejected Obama’s American Jobs Act, it’s worth reflecting on what they passed up. A major proposal was an “infrustructure bank.” Competitive Enterprise Institute’s Wayne Crews has commented on this proposal over at Forbes.com: I stopped by our bank Friday to get something notorized, and, damn, they were all out of free … Continued
