Here is Independent Institute Senior Fellow Robert Higgs speaking on Ethanol Subsidies Have Many Bad Consequences, from the Mises Circle seminar, Agricultural Subsidies: Down on the D.C. Farm, held May 14th in Indianapolis.
Economics and environmentalism are types of modern religions. So says Robert H. Nelson in his analysis of the roots of economics and environmentalism and their mutually antagonistic relations in the twentieth and twenty-first centuries. The present debate raging over global warming exemplifies the clash of these two public theologies.
In June 2005, the U.S. Supreme Court ruled in Kelo v. New London that local governments may force property owners to sell out and to make way for private economic development, even if the property is not blighted. In response, many states have passed legislation and proposed amendments to their state constitutions to block this unprecedented government assault on the rights of property owners.
For millennia, farmers all over the world have bred crops for their resistance to disease, productivity, and nutritional value. Today, few topics have the power to inspire as much international furor and misinformation as the development and distribution of genetically altered foods.