Why Criticize Economics

Suppose you believe the things that most people who understand the science believe:

that the changes we are imposing on the world are huge and dangerous
that the impacts follow the causes by some decades
that we have a moral obligation not to trash the whole planet in the future

Then suppose you grant that, as an especially egregious op-ed by Holman Jenkins in the Wall Street Journal has it today:

Our political system has been looking at the problem of climate change for a generation, and lack of action is not due to the machinations of big oil – but to the inability of policy to bridge a giant chasm between proposed costs and benefits. [more]

Latest delusionism from the WSJ

Because we have been successfully Godwinned out of calling the self-proclaimed “skeptics” “denialists”, I join the new trend in calling them “delusionists”.

Here’s a slightly edited instant messaging transcript you may find interesting. “mt” below is me. The other two people speaking are not climatologists. One (here called ‘Fred’) is well-known as an author of operational weather forecasting codes. [more]