October 22, 2008
Barack Obama
says he will "transform the challenge of global climate change into
an opportunity to create 5 million new green jobs." But as Senior
Editor Jacob Sullum writes, by the same logic, Obama should view
war, crime, and natural disaster as positive developments. All
three generate economic activity, after all, though we'd be better
off if the resources spent on bombs, burglar alarms, and
reconstruction were available for other purposes, instead of being
used to inflict, prevent, or recover from losses.
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