Toro
Diamond Member
This post from TokyoTom deplores the fact that (TT excepted) supporters of the Austrian School, and for that matter libertarians in general, are almost universally committed to delusional views on climate science. The obvious question is why. As TT points out, there are plenty of political opportunities to use climate change to attack subsidies and other existing interventions. And the fact that the environmental movement has shifted (mostly) from profound suspicion of markets to enthusiastic support for market-based policies such as carbon taxes and cap and trade seems like a big win. Most obviously, emissions trading relies on property rights and Austrians are supposed to like property rights.
On the other hand, given the near-universal rejection of mainstream climate science, we can draw one of only three conclusions
(a) Austrians/libertarians are characterized by delusional belief in their own intellectual superiority, to the point where they think they can produce an analysis of complex scientific problems superior to that of actual scientists, in their spare time and with limited or no scientific training in the relevant disciplines, reaching a startling degree of unanimity for self-described sceptics
(b) Austrians/libertarians dont understand their own theory and falsely believe that, if mainstream climate science is right, their own views must be wrong
(c) Austrians/libertarians do understand their own theory and correctly believe that, if mainstream climate science is right, their own views must be wrong
While (a) clearly has some validity, most of the comments on climate science made here by self-described Austrians and libertarians suggest that either (b) or (c) is true. But which?
John Quiggin » Libertarians and delusionism