Tag Archives: the Economist

Prohibition will bring both law, legislature and executive into open contempt –The Economist 22 September 1923

Alcohol Prohibition didn’t work. Prohibition of marijuana and other drugs actually failed in much worse ways than alcohol prohibition did. I don’t always agree with The Economist, but about this I do: it’s time to end the failed War on Drugs and ramp down the expensively bloated U.S. prison system.

Uncle Sam Will Enforce Prohibition, Our September 22nd 1923 issue examined the impact of America’s experiment with alcohol prohibition. The newspaper encourages a similarly liberal approach to drug control today.

We wrote: “A law is not necessarily a good or wise law because it aims at doing something which is desirable. If it is impossible of strict administration, it will not only fail in its object, but, what is far more serious will bring both law, legislature and executive into open contempt.”

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The Economist answers Paul Bowers about carbon tax

Back in May someone asked Georgia Power CEO Paul Bowers what he thought about a carbon tax, and he answered, “Why would anyone want that?” The Economist answered his question, 29 June 2013, Tepid, timid: The world will one day adopt a carbon tax—but only after exhausting all the alternatives,

Winston Churchill famously said America would always do the right thing after exhausting the alternatives. The right thing in climate You can always count on Americans to do the right thing, after they ve tried everything else. --Winston Churchill policy for all the big countries is a carbon tax, which is simpler and less vulnerable to fluctuations in emissions than cap-and-trade schemes. For years, such a tax has been a non-starter politically. But as the alternatives are tested to destruction, it deserves to be looked at again. Current environmental policies will not keep the rise in global temperatures to below 2°C—the maximum that most climate scientists think safe. A carbon tax, if stiff enough, could. Big polluters should assume that such a tax will one day arrive, and start planning for it now.

Dear Paul Bowers,

Stop being tepid and timid. Go beyond Continue reading →