All rights reserved by Economist Magazine.
Arab_Special Report_The Economist July 25th - 31th 2009.pdf
GCE A Level General Paper discussion topics and practice papers.
Visit: www.thegptutor.com
All rights reserved by Economist Magazine.
Learning Inference from Historywill place things in perspective.
The Copenhagen global warming conference involved 193 nations getting together to discuss the threat that global warming poses to our planet and what can be done about it. The goal was to create a global agreement that extended and expanded the Kyoto Protocol so that a global organization could influence and monitor all nations' efforts to reduce their CO2 emissions.
Global warming believers did not get their way, either in extending the Kyoto agreement or in forming any global organization to tell all of the world's people how to lead their lives. But developing nations did get something:
So the final Copenhagen deal did not establish greenhouse gas emission targets or specifically address how nations must limit temperature increases to no more than 2 degrees Celsius, but it did agree that CO2 emissions could be measured, reported and verified by . . . well, someone. That, in China's terms, means "developed countries must take the lead" in making emission cuts and providing financial and technical support for developing countries.
In truth, the world dodged a bullet in Copenhagen. There could have been significant damage to many nations' economies if the warming alarmists' full agenda had been adopted. But of course the game has not ended. President Obama, Congress and the Environmental Protection Agency all seem committed to regulating our behavior and consumption under the guise of addressing a crisis that is not a crisis. They will do so in a way that will not meaningfully reduce global temperatures, but will substantially hurt the economies and opportunities of the world's people.
Global warming - does anyone care?
As the United States dithers, East Asia has moved forward on market liberalization with a vengeance, creating the biggest free trade zones seen in years.
Largely ignored, the arrival of the world's third-biggest free trade area has been formed.
ASEAN's six freest members, Thailand, Indonesia, Singapore, Philippines, Malaysia and Brunei , even enacted a free-trade deal among themselves on Jan. 1, ending tariffs on goods sold to each other, freeing a $60 billion market for 500 million consumers.
All this points to something major: While the Obama administration has put its energy into trade wars with China, enacting punitive tariffs on steel, tires, nylon, paper, and other goods and has signed no new pacts in 2009, free trade is marching on without the United StatesThe recession of 2008-09 has undercut one of the most destructive social theories that came out of the 1960s: the idea that the root cause of crime lies in income inequality and social injustice. As economies started shedding jobs in 2008, criminologists and pundits predicted that crime would shoot up, since poverty, as the "root causes" theory holds, begets criminals. Instead, the opposite happened. Over millions of lost jobs later, crime has plummeted to its lowest level since the early 1960s. The consequences of this drop for how we think about social order are significant, says Heather Mac Donald, a contributing editor at the Manhattan Institute's City Journal.
In late 2008, the New York Times urged President Barack Obama to crank up federal spending on after-school programs, social workers, and summer jobs. "The economic crisis," the paper's editorialists wrote, "has clearly created the conditions for more crime and more gangs -- among hopeless, jobless young men in the inner cities."
Even then crime patterns were defying expectations. And by the end of 2009, the purported association between economic hardship and crime was in shambles, says Mac Donald. According to the FBI's Uniform Crime Reports:
The crime plunge is sharpest in many areas that have been hit the hardest by the housing collapse, says Mac Donald:
The recession crime free fall continues a trend of declining national crime rates that began in the 1990s, during a very different economy. The causes of that long-term drop are hotly disputed, says Mac Donald:
Source: Heather Mac Donald, "A Crime Theory Demolished," Wall Street Journal, January 4, 2010.