A radically different view of global warming science has emerged in recent years contrary to the shrill gloom-and-doom projections that are so popular in Washington and elsewhere. In the new book Climate of Extremes: Global Warming Science They Don’t Want You to Know, Cato scholar and University of Virginia scientist Patrick Michaels explains this consistent alternative view of climate change, which has arisen in the peer-reviewed scientific literature yet receives little public attention. Why, for example, have the last 12 years shown no net surface warming? What does this say about projections from the United Nations- Intergovernmental Panel on Climate Change? What’s the relationship between hurricanes and global warming? Are editors who issue dramatic projections rewarded over those who publish findings of more moderate impacts? Michaels will demonstrate evidence for modest climate change impacts and propose that we continue our adaptation to these changes. Comments by Marlo Lewis, a senior fellow at the Competitive Enterprise Institute, will follow.
Featuring Benjamin H. Friedman, Research Fellow in Defense and Homeland Security Studies, Cato Institute; Spencer Ackerman, Senior Writer, WIRED Magazine; and Julian Sanchez, Research Fellow, Cato Institute; moderated by Laura Odato, Director of Government Affairs, Cato Institute.
In the new issue of Cato Policy Report, Cato President and CEO John A. Allison argues that the Federal Reserve is increasing the long-term risk in our financial system through both its monetary and regulatory policies. Also in this issue, James D. Gwartney looks at the incomplete “public choice revolution,” and explains how mainstream economics is leaving both current students and the general public with a misleading, false, and romantic view of government and the operation of the democratic political process.
Featured BookRenowned development economist Deepak Lal draws on 50 years of experience around the globe to describe developing-country realities and rectify misguided notions about economic progress.
More Bang for Your Buck
The Cato Institute tops a new measure of think tank performance in the United States, according to a recent report. Cato bested all other U.S. think tanks in the main category of “Aggregate Profile per Dollar Spent.” “I’m grateful to the Center for Global Development for showing that Cato gives its sponsors something I wish government gave more of to taxpayers: bang for the buck,” said Cato CEO John Allison.