Articles

Cold, Hard Economics

Wagner, Gernot

Global warming is happening faster and with more intensity than anyone expected, yet the fossil-fueled right has succeeded in removing the issue almost entirely from the agenda through a false pretense of defending “free markets.” In response, environmentalists have tended to retreat further into their own organically padded corners, when what’s needed is to get back to economic basics: Markets cannot be free when benefits are privatized and enormous costs are being socialized. The only way out of this environmental crisis is to align citizens’ economic self-interest with the planet’s health.

Published in Foreign Policy on November 8th, 2011.

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Foreign Policy

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School of International and Public Affairs
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October 30, 2015