Day: January 27, 2005

Archive

Kyoto is barely a drop in the bucket

The Kyoto treaty will not do much to curb greenhouse gases, because high natural gas prices and the demand for energy from developing countries are fuelling the need for coal-fired plants, says the Christian Science Monitor.

By 2012, three countries – China, India and the United States – will produce an

Read More »
Archive

DDT ban saves mosquitoes but imperils the poor

As if the tsunami was not devastating enough, citizens in underdeveloped countries must face an even greater threat to human life: malaria, which kills 2 to 3 million people per year. But the most effective solution, the pesticide DDT, is stigmatised due to environmental politics and incompetent bureaucracies, notes New

Read More »
Archive

Price controls reduce the availability of medicines

The controversy surrounding the efforts of the Department of Health to control drug prices is now expanding beyond arguments about healthcare and prices, and to the constitution and the state of South Africa’s judiciary. While pharmacists and the government argue about an appropriate dispensing fee, perhaps it is right

Read More »
Archive

Trade deficit and falling dollar nothing to fear says Arthur Laffer

America’s large trade deficit and corresponding fall in the dollar should not provoke hasty policy changes or anxiety among U.S. consumers, says economist Arthur Laffer.

The United States has been able to finance the trade deficit (currently about 5.6 percent of national income) because it is the only growth country among

Read More »
Archive

Traffic lights cause crashes

Traffic lights are inefficient tools to handle traffic flow and minimise accidents because they encourage drivers to travel too fast and keep dangerously close to the vehicle in front for fear of missing a green light. Kenneth Todd of the Cato Institute says this combination of high speed, tail-gating, diverted

Read More »
Archive

Bias in American universities

American universities are so dominantly left-wing that it amounts to a one-party system, according to economist Daniel Klein and his team of researchers.

Klein produced two studies of party registration and ideology among academics at a range of institutions and major professional associations. Among the findings:

There are 10 registered Democratic

Read More »