Economy

Environmentalism is hip, green celebrities are “very sexy” and saving the planet is “simple,” according to the media.It is certainly not “extreme” as far as journalists are concerned. The deluge of celebrity books, films and even rock concerts is making green look good – because journalists leave out the cost to individuals, businesses and the economy.“Going green” is all the rage – from Live…

Apocalyptic rants about what global warming will do to civilization have become so frequent it's hard to keep up, but CBS “Evening News” had a monumental one on June 19.Mark Phillips reported an international study that said climate change could threaten the $662 billion international tourism industry – because rising sea levels and humidity will supposedly destroy monuments and sites like the…

Iain Murray at Planet Gore yesterday predicted the enviro reaction to the news that China is already the world's biggest carbon emitter, and is running away from the rest of the world: I look forward to complaints that China has only a sixth of the world's population but emits a quarter of its CO2, that Chinese auto emissions standards aren't good enough (Mr Gore?) and that China hasn't signed…

One of the more persistent myths in this country is that lower income people are liberals. Anyone who's spent more than a weekend in the Midwest, South, or West can tell you that in many places, it's the richer neighborhoods that tend to vote Democrat.The fact that the left now has money (and lots of it) has significant benefits for it but there are downsides, especially if you're one of those…

If this isn't junk science, then nothing meets the requirement to be called such! A new, money wasting university "study" was written about by New Scientist Magazine (on their website newscientist.com) this month that was presented as a "surprising discovery" somehow "proving" that people secretly love to pay taxes. And people wonder why "science" can be so easily scoffed at these days... or why…

What do you get when you add a liberal think tank study, another liberal “expert, and CBS “Evening News?” You get a doom-and-gloom story about baby boomers remaining in the work force as “an economic necessity” that ignores relevant information.“The 78 million baby boomers are starting to think about retirement, but for many of them, that’s all they’ll be able to do. Think about it. Two new…

Our friends at Investor's Business Daily are taking a seven-part look at the media's incompetence in reporting market:Media bias has been detected in other studies, but this series raises an additional possibility – media incompetence in analyzing and explaining how the economy and financial markets work.Installments will cover how the media report on subjects like tax cuts, deficits, trade and…