Global warming: the libertarian approach
Should you fear global warming? No, you should welcome it! Let me explain.
Even if Lori Gold's worst "fears" about global warming are fulfilled, will that mean the end of the world? Hardly. Some speculate that major coastal cities such as New York, Baltimore, Long Beach, Los Angeles, Ventura, Boston, and Washington D.C. will be submerged under the waves. Some even go as far as stating that Florida and Bangladesh will be completely inundated.
This is a bad thing?
Prices inevitably rise with scarcity, and if such coastal regions are permanently flooded there will be less land available. That will inevitably lead to real estate prices skyrocketing, together with investors' profits. And, it will lead to a huge, unprecedented building boom as new, even better cities spring up to replace the old. These booming, thriving, boom burgs and regions will become engorged with immigrants from the now-watersogged areas and will become the envy of all the world. All of that translates into an economy exploding in a fervor of buying and selling; in short, a market very favorable to those dynamists who welcome and anticipate change.
Furthermore, due to the issue of higher temperatures in the first place, these new, improved coastal zones will be tropical paradises with booming tourist economies and thriving local markets.
Some look at global warming and only feel fear. The truly rational among us, the lovers of liberty and the free market, see only endless opportunities. Do not fear change; do not just welcome it; nay, help us bring it about.