Quotation of the Day…

by Don Boudreaux on August 31, 2019

in Crony Capitalism, Environment, Myths and Fallacies, Seen and Unseen

… is from page 64 of Wilfred Beckerman’s excellent 2003 monograph, A Poverty of Reason: Sustainable Development and Economic Growth:

[E]nvironmental preservation is often used as an excuse for protectionist pressures that will further impoverish poorer developing countries. Similarly, policies to enforce drastic reductions in carbon emissions in order to reduce climate change and to respect the exigencies of the precautionary principle will also hit developing countries particularly heavily. All these policies that are advocated in the name of sustainable development represent, in the end, a new form of imperialism: an attempt to control markets for the benefit of the producers of Western industry and an attempt to impose the preferences of affluent groups in rich countries on other countries whether they like it or not.

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