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Milton Friedman: Climate Realist, Not Alarmist (no carbon tax support here)

By Robert Murphy -- October 30, 2014

“Of all my father’s accomplishments, I believe the one he was proudest of was his role in ending military conscription. I do not think he would be happy to be conscripted, posthumously, for someone else’s cause [of climate alarmism].”

– David Friedman, “A Case of Posthumous Conscription,” October 18, 2014.

Bob Inglis, Executive Director of the Energy and Enterprise Initiative based at George Mason University, continues a quest to get conservatives and the Republican interested in a carbon tax. Recently, he chaired a forum at the University of Chicago titled, “What Would Milton Friedman Do About Climate Change?” At the event, two Chicago economists argued that Friedman (1912–2006) would have applied the textbook analysis of “negative externalities” to the issue of climate change, and therefore would have supported a carbon tax.…