Economists, Like Royal Children, Are Not Punished

The Prevailing Ideology Of The Modern West - Which Is Political Economy - Is In The Doghouse. Having Failed To Notice Atmospheric Pollution, The Economists Then Frightened Themselves With The Sort Of Financial Crisis They Said They Had Abolished.

The Use Of Refined Petroleum As Fuel, Which Began In The 1850s, Freed Hundreds Of Millions Of People From The Toil Of Centuries, Gave Hundreds Of Millions More A Life Of Ease And Plenty, And, By Allowing Great Cities To Feed Themselves From Every Corner Of The World, Multiplied The Population Of The Earth Fivefold.

The World Dominion Of Western Thought, Forms Of Organisation, Technology And Military Force Is Not God-given, Nor Eternal, Nor Greatly Appreciated By The Rest Of The World.

For 50 Years, Nuclear Power Stations Have Produced Three Products Which Only A Lunatic Could Want: Bomb-explosive Plutonium, Lethal Radioactive Waste And Electricity So Dear It Has To Be Heavily Subsidised. They Leave To Future Generations The Task, And Most Of The Cost, Of Making Safe Sites That Have Been Polluted Half-way To Eternity.

Financial Crises Are Like Fireworks: They Illuminate The Sky Even As They Go Pop.