Chasing Rainbows: Economic Myths, Environmental Facts

Review
Fearless, fresh, forensic and funny, Tim Worstall cuts through all the nonsense and brings sparkling and profound economic insights to the environmental debate. Read this book. --Matt Ridley, author of The Rational Optimist

'Tim Worstall is asking the right questions, and often producing the right answers. Jaw-droppingly rude he may be, but he's smart, and this book is quite an education.' Tim Harford, author of The Undercover Economist

.... a glorious romp through the fallacies of our day. On reading this, anyone who thought the world's problems are caused by economic growth, over-population, globalization or over-reliance on markets will feel as if a brisk, cold wind has blown through their brain. This book is a classic of common sense and logic applied to the modern world. --Madsen Pirie, founder of the Adam Smith Institute

Tim Worstall is one of the few right-wing writers on economics leftish readers can bring themselves to read although we often hate ourselves (and him) for doing it. Although he takes a butcher's cleaver to many sacred cows of green thinking, his work is animated by a true concern about how to solve the great environmental challenges of our age. --Nick Cohen, author of 'Waiting for the Etonians'
Product Description
Chasing Rainbows looks at the commonly held beliefs about what we should do to avoid, curtail or adapt to global warming and compares them to what we should actually be doing. This is not an argument about the science: Worstall leaves that entirely to others to debate. Rather, he asks what guides and indications we can draw from the economics already embedded in such pronouncements as the IPCC reports and the Stern Review. The answers will shock some: globalisation is part of the cure for climate change. Recycling of some things certainly saves resources but of domestic waste actually squanders them. Creating 'green jobs' is not a benefit but a cost of our actions.

We don't need to limit economic growth, quite the opposite, it's part of the solution, and the finite nature of the physical world is not a binding limit upon such growth.

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