ASI Fellow, Tim Worstall responds to Lord Layard's latest proposal on National Happiness.
This think piece by ASI fellow Tim Worstall critically examines the National Equality Panel's 'Hills Report', with particular emphasis on its treatment of wealth inequality and the gender pay gap. He argues that not only have the report's authors directly ignored Office of National Statistics guidelines on how to measure the gender pay gap, but that they have also hugely overstated income and wealth inequality in the UK by failing to take account of the effects of the welfare state.
In this extract from his new book, Chasing Rainbows, Tim Worstall fires a broadside against the environmentalist lobby and argues that the conventional 'solutions' to climate change don't even meet the environmentalists' own standards and defy their own advice. The book takes on the global warming alarmists on their own terms by accepting the IPPC’s science and using logic and economics to argue that the ends that environmentalists want is best achieved through more globalization and freer markets, not government interventions like cap-and-trade.