Categories: Politics

Why Global Warming Fearmongers Leave Me Cold

“U.S. climate has already changed, study finds, citing heat and floods.” — New York Times headline, May 7, 2014

Is it really getting hotter and should we be worried? “Global warming” is being blamed for every conceivable natural disaster, whether it involves severe cold in the Northeast this past winter or flooding in Miami. The New York Times has been running front-page stories about the terrible consequences of global warming, citing the latest federal government study that temperatures could rise an average 10 degrees by the end of this century.

However, average temperatures have shown little change in the past two decades. Hurricanes and tornadoes are at record lows… blizzards, droughts and floods are below past extremes… and polar sea ice has started to increase again.

Is global warming a legitimate concern or a false alarm aimed to push through more anti-growth legislation and government regulations?

We had a big debate last year at FreedomFest about global warming with Michael Shermer, editor of Skeptic magazine and a columnist for Scientific American, and James Taylor, climate expert at the Heartland Institute. I was surprised that the editor of Skeptic magazine wasn’t more skeptical of the biases among the global-warming crowd.

“Climate change from fossil fuel emissions increasingly appears to have been greatly overestimated and in any event is likely to be rendered irrelevant by advances in technology,” according to Walter Starck, policy analyst at Heartland.

Heartland’s Climate Change Conference

This summer, the Heartland Institute is holding its 9th International Conference on Climate Change right before FreedomFest. The July 7-9 climate change conference will take place at the Mandalay Bay Resort & Casino in Las Vegas. Learn from the top geo-climate specialists, economists and policy experts about the real costs of trying to stop global warming. Hear leaders speak out against global warming alarmism.

FreedomFest is proud to be a co-sponsor of this event. To learn more and to sign up, call the Heartland Institute at 1-312-377-4000, or go to climateconference.heartland.org.

You Blew It! Play Ball — Faster, Please

“This is one of the most critical issues facing baseball — why does the game take so long?”

— Red Sox executive

I grew up on baseball and still enjoying watching it on TV or going to a Yankees game in the Bronx. But today’s game is taxing my interest; it’s taking so long. The only reason I go to a game these days is to have a long conversation with a friend — not to watch the game.

My kids don’t even bother; they lost interest a long time ago. They are football and basketball fans.

I recently watched a classic Yankees baseball game on TV played in the late 1970s. Ron Guidry was the pitcher. The game flew by quickly, taking less than two hours. Guidry didn’t waste any time throwing his pitches, nor did the batters spend time stepping away from the plate and going through a routine of fixing their batting gloves and helmet, etc.

Today pitchers pace around the mound, while batters step out of the box excessively. Pitching changes occur so frequently that the average game now goes beyond three hours. Add in the decision this year to review close calls with instant replay cameras, and concern is mounting about the risk of four-hour ball games.

Umpires have tried to speed up the game by widening the strike zone, but that move has unintended consequences — a record number of strikeouts. During Guidry’s playing career in the 1970s, it took 2 ½ minutes to put a ball into play; now it’s every 3 ½ minutes.

No wonder young people are losing interest in “America’s pastime.” Unless Major League Baseball does something, such as subjecting slow players to fines, baseball will indeed be past its time.

In case you missed it, I encourage you to read my e-letter column from last week about how “gross output” predicted the economy’s slowdown. I also invite you to comment in the space provided below.

Mark Skousen

Mark Skousen, Ph. D., is a professional economist, investment expert, university professor, and author of more than 25 books. He earned his Ph. D. in monetary economics at George Washington University in 1977. He has taught economics and finance at Columbia Business School, Columbia University, Grantham University, Barnard College, Mercy College, Rollins College, and is a Presidential Fellow at Chapman University. He also has been a consultant to IBM, Hutchinson Technology, and other Fortune 500 companies. Since 1980, Skousen has been editor in chief of Forecasts & Strategies, a popular award-winning investment newsletter. He also is editor of four trading services,  Skousen TNT Trader, Skousen Five Star Trader, Skousen Low-Priced Stock Trader, and Skousen Fast Money Alert. He is a former analyst for the Central Intelligence Agency, a columnist to Forbes magazine (1997-2001), and past president of the Foundation for Economic Education (FEE) in New York. He has written articles for The Wall Street Journal, Liberty, Reason, Human Events, the Daily Caller, Christian Science Monitor, and The Journal of Economic Perspectives. He has appeared on ABC News, CNBC Power Lunch, CNN, Fox News, and C-SPAN Book TV. In 2008-09, he was a regular contributor to Larry Kudlow & Co. on CNBC. His economic bestsellers include “Economics on Trial” (Irwin, 1991), “Puzzles and Paradoxes on Economics” (Edward Elgar, 1997), “The Making of Modern Economics” (M. E. Sharpe, 2001, 2009), “The Big Three in Economics” (M. E. Sharpe, 2007), “EconoPower” (Wiley, 2008), and “Economic Logic” (2000, 2010). In 2009, “The Making of Modern Economics” won the Choice Book Award for Outstanding Academic Title. His financial bestsellers include “The Complete Guide to Financial Privacy” (Simon & Schuster, 1983), “High Finance on a Low Budget” (Bantam, 1981), co-authored with his wife Jo Ann, “Scrooge Investing” (Little Brown, 1995; McGraw Hill, 1999), and “Investing in One Lesson” (Regnery, 2007). In honor of his work in economics, finance, and management, Grantham University renamed its business school “The Mark Skousen School of Business.” Dr. Skousen has lived in eight nations, and has traveled and lectured throughout the United States and 70 countries. He grew up in Portland, Ore. He and his wife, Jo Ann, and five children have lived in Washington, D.C.; Nassau, the Bahamas; London, England; Orlando, Fla.; and New York. For more information about Mark’s services, go to http://www.markskousen.com/

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