Someone mentioned recently Orrin Judd’s penchant for the “broken windows” theory that destroying accumulated wealth is a boost for the economy. And lo, OJ writes another post in that vein. The essence is that RAND claims
If the trend continues, America’s energy mix by 2025 could be far greener and cleaner - without damaging the economy - than most analysts could have antici-pated a few years ago.
OK, that seems plausible. OJ comments in a complete non-sequitor
It’s a delightful irony that free marketeers assume technological stasis
That is, as OJ likes to say, a counterfactual, since no actual free marketer claims any such thing. In fact, they claim exactly the opposite, that it is a free market that has the least stasis (e.g., Virginia Postrel’s division of people in to ‘dynamists’ and ‘stasists’). One could also note that the RAND article contains two other contradictions to OJ’s theme —
Personally, beyond just yanking people’s chains, I suspect that OJ starts with the premise that government intervention is good and then misinterprets evidence to suit that view.