Hong Kong Economists Totally Groovy with Lying about Global Warming
"When it comes to the doomsday cult called 'global warming,' it’s becoming increasingly obvious that the hucksters are in charge," Jim Treacher writes at the Daily Caller, linking to Marc Morano of Climate Depot.com:
A new peer-reviewed paper published in the American Journal of Agricultural Economics, titled “Information Manipulation and Climate Agreements”, is openly providing a “rationale” for global warming proponents to engage in mendacious claims in order to further their cause.
The paper appears to support or provide a formula for why lying or “information manipulation” is able to further the cause of man-made global warming and “enhance global welfare.” The authors use a mathematical formula to study information tactics.
The authors, Assistant Professors of Economics Fuhai Hong and Xiaojian Zhao, note how the media and environmental groups “exaggerate” global warming and then the offer their paper to “provide a rationale for this tendency” to exaggerate for the good of the cause.
As Morano adds in an update, the two economists have issued a "who are you going to believe, us or your lying eyes?" sort of backtrack in response, but the damage has been done -- and either way, as the abstract to their paper notes:
It appears that news media and some pro-environmental organizations have the tendency to accentuate or even exaggerate the damage caused by climate change. This article provides a rationale for this tendency by using a modified International Environmental Agreement (IEA) model with asymmetric information. We find that the information manipulation has an instrumental value, as it ex post induces more countries to participate in an IEA, which will eventually enhance global welfare. From the ex ante perspective, however, the impact that manipulating information has on the level of participation in an IEA and on welfare is ambiguous.
Yes, the left is nothing but Potemkin Villages all the way down -- but unlike the builders of the original namesake, the 21st century left are more than willing to cheerfully admit that they lie -- even as they lie. In 2007, Editor & Publisher magazine, the house organ of the establishment “liberal” MSM made the industry’s biases plain, in an article headlined, “Climate Change: Get Over Objectivity, Newspapers,” and in recent years, the left's postmodern sophistry has only snowballed.
To use a term that was once thought to be a thing of the past.