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OpenMarket: March 2014

  • U.N.'s Narrative of Fear on Climate Change

    March 31, 2014 3:47 PM

    In their latest report on climate change, officials at the U.N. Intergovernmental Panel on Climate Change (IPCC) once again fail to address important developments in climate science that conflict with their narrative of fear. (See: Threat from global warming heightened in latest U.N. report)

  • CEI’s Battered Business Bureau: The Week in Regulation

    March 31, 2014 10:02 AM

    64 new regulations, from refrigerators to Korean chicken.

  • Why and How I'm Celebrating Human Achievement Hour

    March 29, 2014 8:51 PM

    "Better to light one incandescant bulb than curse the darkness"

    Tonight is Human Achievement Hour, a time to celebrate human progress and the market institutions that facilitate and protect it. It's also a time to laugh at the regressive ideology that implores us to turn out the lights to honor the Earth. Hence the wonderful acronym for our cheerful occasion: HAH!

    Our friends at CFACT nail the contrast between our event and the other team's when they proclaim: "It's always Earth Hour in North Korea."

    Earth Hour CFACT

    HAH is an alternative and antidote to Earth Hour, the premise of which is that carbon-based energy is bad for people and the planet. That's about as wrong-headed about the big picture as one can get.

    Carbon energy supports all the technological advances that sustain and improve a world of seven billion people who on average live longer, healthier, and with greater access to information than the privileged elites of former ages.

    Fossil fuels have been and remain the chief energy source of what Cato Institute scholar Indur Goklany calls a “cycle of progress” in which economic growth, technological change, human capital formation, and freer trade co-evolve and mutually reinforce each other. Progressive civilization is the very context of modern life. It is the most valuable of all public goods. Without carbon energy, humankind would be dramatically smaller, poorer, and sicker.

    The fundamental contribution of carbon energy to social progress is reflected in the strong correlation between carbon dioxide (CO2) emissions, per capita GDP, and population.

    Global Progress 1760 - 2009 smallest

    A survey by the National Academy of Engineers identifies 20 engineering achievements that made the greatest improvements in the quality of human life during the 20th century. Number One is electrification. All the others presuppose electrification either for their manufacture, operation, or mass production.  Here's the list as presented on About.Com:

    1. Electrification - the vast networks of electricity that power the developed world.
    2. Automobile - revolutionary manufacturing practices made the automobile the world's major mode of transportation by making cars more reliable and affordable to the masses.
    3. Airplane - flying made the world accessible, spurring globalization on a grand scale.
    4. Safe and Abundant Water - preventing the spread of disease, increasing life expectancy.
    5. Electronics - vacuum tubes and, later, transistors that underlie nearly all modern life.
    6. Radio and Television - dramatically changed the way the world received information and entertainment.
    7. Agricultural Mechanization - leading to a vastly larger, safer, less costly food supply.
    8. Computers - the heart of the numerous operations and systems that impact our lives.
    9. Telephone - changing the way the world communicates personally and in business.
    10. Air Conditioning and Refrigeration - beyond convenience, it extends the shelf life of food and medicines, protects electronics, and plays an important role in health care delivery.
    11. Interstate Highways - 44,000 miles of U.S. highway allowing goods distribution and personal access.
    12. Space Exploration - going to outer space vastly expanded humanity's horizons and introduced 60,000 new products on Earth.
    13. Internet - a global communications and information system of unparalleled access.
    14. Imaging Technologies - revolutionized medical diagnostics.
    15. Household Appliances - eliminated strenuous, laborious tasks, especially for women.
    16. Health Technologies - mass production of antibiotics and artificial implants led to vast health improvements.
    17. Petroleum and Gas Technologies - the fuels that energized the 20th century.
    18. Laser and Fiber Optics - applications are wide and varied, including almost simultaneous worldwide communications, non-invasive surgery, and point-of-sale scanners.
    19. Nuclear Technologies - from splitting the atom, we gained a new source of electric power.
    20. High Performance Materials - higher quality, lighter, stronger, and more adaptable.

    Note too that those technologies are highly developed and deployed at scale only in societies with access to plentiful, reliable, affordable energy, most of which comes from fossil fuels.

    Ah, but our greener friends will say, HAH, as the very name suggests, is "anthropocentric." What about the biosphere? Shouldn't we turn off the lights to show respect for non-human nature?

    Nope. As Goklany also explains, by improving the productivity and efficiency of food production, distribution, and storage, fossil fuels not only rescued mankind from a penurious Nature but also rescued Nature from an ever-growing humanity.

  • Human Achievement of the Day: Hydrogen Power from Plants

    March 29, 2014 9:52 AM

    zhangEarly in the week I wrote about a major breakthrough toward the peaceful use of nuclear fusion. While that type of energy could drastically change human life on earth by providing bountiful clean and safe energy, it is, unfortunately, likely decades away from being commercially viable. Fear not because there are armies of researchers working around the world to find other affordable alternatives to fossil fuels that will help humanity cruise into the future. In this past year, one group of scientists have discovered a way to extract large amounts of hydrogen from plants—a process that would provide plentiful, cheap, and “green” energy, that could hit the market as a way to power vehicles in as little as three years.

  • Interested in co-authoring a law review article?

    March 28, 2014 4:43 PM

    I keep a list of law review articles I'd like to write. That list has grown to thirteen, ten of which are about class action settlements. The problem is that the time it would take me to write a law review article by myself would take away from my litigating time, and I'm already in a position where I can't prosecute every appeal I would like to prosecute. There are hundreds of professors writing law review articles, and only one non-profit focusing on enforcing the law of class-action settlement fairness, so comparative advantage suggests that I shouldn't change my mind about this. But perhaps you're an academic or an aspiring academic who'd like to build upon the skeleton of my outlines and ideas and jump through the hoops of submitting to law reviews. Happy to have your name go first so long as you take the laboring oar on the second draft. Drop me a line if you're interested.

  • Human Achievement of the Day: Bionic Eyes

    March 28, 2014 7:38 AM

    You won’t see the glory of human achievement if you abide by the World Wide Fund for Nature's recommendation that you spend an hour in the dark this Saturday night to allegedly "show your commitment to a better future." Rather than take that anti-technology approach, why not leave the lights on and celebrate human achievement, including a new invention that will help even blind people see?

    Once only imagined in the 1970s TV series The Six Million Dollar Man or the 1990s Star Trek: The Next Generation, 2013 saw the introduction of real bionic eyes! Created by Second Sight Medical Products Inc., of Sylmar, Calif., the Argus II Retinal Implant involves placing an implant in a person’s eye that connects wirelessly to eye glasses equipped with a tiny camera, which transmits images through the optic nerve to the brain.

    The device helps those individuals affected with an eye disorder called retinitis pigmentosa, which strikes first as night blindness and then can degenerate photoreceptor cells eventually causing total blindness. It is not yet designed to help those with glaucoma and some other forms of blindness.

    The Food and Drug Administration approved the device in February 2013 for use in the United States, and the first FDA-approved implants began this year. Those in the experimental program testified at FDA pre-approval hearings, expressing great joy about what the device had done for them. One exclaimed: "I don't mind telling you how much -- I mean, how happy that made me, not only to see the silhouette of my son, but to hear that voice coming and saying, 'Yeah, it's me, Dad. I'm here and I love you.'"

  • Human Achievement of the Day from Organ Replacement Technology

    March 27, 2014 3:26 PM

    We are only three days away from Human Achievement Hour (March 29, 8:30pm to 9:30pm)! What better way to celebrate than with a post from our friends at Stephanie Rugolo, HumanProgress’s managing editor, is spreading the good news about how far humankind has come by discussing some of the recent developments in organ replacement technology. Since this is a perfect example of how technological advancement benefits human life on earth, I wanted to share her insights:

    Medical breakthroughs are giving hope to hundreds of thousands of people waiting for organ transplants. There are 120,000 people waiting for organ transplants in the United States alone. By this time tomorrow, twenty to thirty Americans will die because they cannot get a new kidney—not to mention other organs. Compare this man-made shortage to Iran where organ donors may be compensated with cash. In contrast to the United States, there is a donor waiting list in Iran. As long as the industrialized world rejects the Iranian model, we must turn to innovation to resolve the organ shortage crisis. Luckily, scientists are developing technologies that might accomplish just that.

  • CEI Podcast for March 27, 2014: Bait and Reciprocal Switch

    March 27, 2014 10:48 AM

    CEI Fellow Marc Scribner talks about his new paper, “Bait and Reciprocal Switch: Forced Access Regulation Threatens the Rail Renaissance.”

  • Human Achievement of the Day: 3D Printing Cups, Cars, Houses, and Faces

    March 27, 2014 8:54 AM

    3D printing is a relatively recent technological development that has already begun to revolutionize model-building, structural and other medical procedures, and construction of items from toys to houses.

    Also called additive manufacturing (as contrasted with subtractive processes, that is, machining), 3D printing uses digital instructions produced through computer-aided design (CAD) software to create an item by “printing” it in layers using a variety of materials – powders, plastic, ceramics, etc. With ink-jet-type print heads, the materials are extruded layer by layer according to the design.

    In its early applications, 3D printing was principally used for creating prototypes or models of larger objects. With 3D printing, those prototypes could be built with greater precision and speed and allow for quick modifications in the design. Rapid prototyping developed during the 1980s and early 1990s.

    In the past decade, 3D printing applications have found fertile ground in the medical field. Almost daily, a medical breakthrough made possible through 3D printing is announced. Today, researchers announced that they had created heart muscle that beats when it is implanted in animals. Yesterday, news stories reported that 3D printing had saved a baby’s life by printing a splint that fit over his windpipe and kept it open so he could breathe.  Researchers are using 3D printing to produce scaffolding that they then grow tissue on to rebuild human skeletal parts that have been heavily damaged by injuries or diseases.

    For example, structural 3D printing has been used to rebuild a young man’s facial structure after an accident shattered his face. A cancer sufferer had a new pelvis “printed” using that technology. Doctors are more often simulating difficult and lengthy operations by using 3D printed models of the organs or parts of the skeleton on which they will be operating. Using those models can drastically reduce the operating time involved and lead to safer and more efficient surgery – thus reducing the risk to the patients.

  • Sneaky Regulation? Federal Agencies Issue over 24,000 "Public Notices" Annually

    March 26, 2014 2:31 PM

    A mixed economy like ours does not remain static.

    Economic activity increasingly shifts toward government outright (health care, retirement, education) or exists under "Mother-May-I" constraints like energy production does.

    The greatest threat to job creation, wealth and prosperity is that we extend these anti-freedom regulatory policies into tomorrow's innovations in communications, robotics/automation, manufacturing, and sciences and technology.

    When more and more activity falls within the ambit of government rather than that of private competitive enterprise, rules and regulations, executive orders and “notices” take on ominous new significance. This is worsened by policymakers continually dodging the constitutional imperative that an elected body (Congress) create legislation.

    Newly significant too are President Barack Obama's "pens," "phones" and "years of action" self-consciously operating outside the normal legislative process and even normal Administrative Procedure Act public-input thresholds.

    The president just extended the deadline on signing up for Obamacare marketplaces, for example. Exemptions multiply, no matter what the statute says. Meanwhile, what could have been a healthy integrative private health provision and insurance market crumbles.


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