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OpenMarket: Human Achievement Hour

  • Human Achievement Hour: An Honorable Choice for Saturday Night

    March 27, 2015

    Earth Hour vs. Human Achievement Hour—two irreconcilably opposed events scheduled for the same time: 8:30-9:30 pm EST, Saturday, March 28, 2015. Earth Hour protestors will turn off their lights to express solidarity with the Earth and “raise consciousness” about climate change. Human Achievement Hour partiers will turn on their lights and, in countless individual ways, celebrate the creativity of an energy-rich civilization. I may join some friends at a pub—or just stay home, plug in the Telecaster, crank up the tube amp, and let the good times roll.

    The Earth Hour crowd would have you believe that our mostly fossil-fueled civilization is unsustainable. I know of no better antidote to their ideology than energy analyst Alex Epstein’s new book, ...

  • Human Achievement of the Day: The Sharing Economy

    March 27, 2015

    It’s the most wonderful time of year! Human Achievement Hour is once again upon us, giving us reason to pause and consider recent innovations that have or will significantly improve the human condition. I usually like to focus on some development in medicine or environmental tech, but this year I feel compelled to highlight what may be the most significant advancement in the modern economy. What began with eBay—the digital garage sale—has now blossomed into an entire economy and a way of life. You may have heard it called the “sharing economy,” or “collaborative consumption” is actually about efficient resource allocation.

    Instead of leaving rooms or homes empty and unused families can make extra money by renting them out to vacationers or business people through Airbnb or VRBO. Instead of paying to leave your car at the airport—you can now have someone ...

  • Human Achievement of the Day: Bitcoin

    March 26, 2015

    On the eve of the financial crisis of 2007-8, financial systems had grown extremely sophisticated, but were still essentially based on a model of trust. When two people engaged in a transaction, they generally relied on a trusted third party to process the payment. This meant that there was room for fraud at worst and at best a transaction cost to the parties.

    The transaction cost arises because there is the possibility of the transaction failing to go through, or, in payments-speak, being “reversed.” A reversed payment can occur because the paying party doesn’t have the money he says he does, or because he is over his credit limit, or because she isn’t who she says she is, among many other examples.

    Over the years, third parties have developed extremely sophisticated ways to handle these problems, but they have never been able to eliminate the transaction cost...

  • A Bright Future

    March 24, 2015

    The following is a guest post by Chelsea German, Researcher and Managing Editor of HumanProgress.org.

    When Homo erectus first learned to control fire a million years ago, humanity gained the ability to light up the night. From fire to electricity to LEDs, lighting technology has advanced unceasingly ever since. Yet every year, the Earth Hour campaign calls on millions of people to forgo this remarkable achievement by turning off their electricity. Earth Hour even discourages the use of smoke-emitting candles, plunging many participants into the same impenetrable darkness that surrounded our ancestors before fire was first...

  • Human Achievement of the Day: Guitars

    March 24, 2015

    When Human Achievement Hour rolls around each year, I make sure to do two things. One is to play an electric guitar. The other is to play an acoustic guitar.

    Guitars are simple things. Stretch some thin metal wires over a plank of wood, and you’re most of the way there. Electric guitars add a few magnets wrapped in copper wire mounted underneath the strings, called pickups. This deceptively simple invention is one of the pinnacles of human achievement. Music made on guitars has brought unfettered joy to billions of people, most of whom have idea how to play one. Whether you like jazz, punk rock, flamenco, blues, death metal, or classic rock, guitars have enhanced your life. In a way, the guitar is one of the defining objects of modern Western culture.

    Regular readers will likely be familiar with CEI’s...

  • Human Achievement of the Day: Higher Education

    March 23, 2015

    As the amount of student loans outstanding continues to rise, taxpayers are more on the hook as the Obama administration continues to expand loan repayment programs. As long as President Obama is in office, we are unlikely to see serious reforms that rein in the growing student loan bubble, which has inflated the cost of attending school without a commensurate increase in the value of a degree.

    ...

  • Why and How I'm Celebrating Human Achievement Hour

    March 29, 2014

    "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."

    ...

  • Human Achievement of the Day: Hydrogen Power from Plants

    March 29, 2014
    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...
  • Human Achievement of the Day: Bionic Eyes

    March 28, 2014
    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...
  • Human Achievement of the Day from HumanProgress.org: Organ Replacement Technology

    March 27, 2014
    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 HumanProgress.org. 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...

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