The Real Meaning of Earth Hour

By Keith Lockitch (March 23, 2009)

On Saturday, March 28, cities around the world will turn off their lights to observe “Earth Hour.” Iconic landmarks from the Sydney Opera House to Manhattan’s skyscrapers will be darkened to encourage reduced energy use and signal a commitment to fighting climate change.

While a one-hour blackout will admittedly have little effect on carbon emissions, what matters, organizers say, is the event’s symbolic meaning. That’s true, but not in the way organizers intend.

We hear constantly that the debate is over on climate change–that man-made greenhouse gases are indisputably causing a planetary emergency. But there is ample scientific evidence to reject the claims of climate catastrophe. And what’s never mentioned? The fact that reducing greenhouse gases to the degree sought by climate activists would, itself, cause significant harm.

Politicians and environmentalists, including those behind Earth Hour, are not calling on people just to change a few light bulbs, they are calling for a truly massive reduction in carbon emissions–as much as 80 percent below 1990 levels. Because our energy is overwhelmingly carbon-based (fossil fuels provide more than 80 percent of world energy), and because the claims of abundant “green energy” from breezes and sunbeams are a myth–this necessarily means a massive reduction in our energy use.

People don’t have a clear view of what this would mean in practice. We, in the industrialized world, take our abundant energy for granted and don’t consider just how much we benefit from its use in every minute of every day. Driving our cars to work and school, sitting in our lighted, heated homes and offices, powering our computers and countless other labor-saving appliances, we count on the indispensable values that industrial energy makes possible: hospitals and grocery stores, factories and farms, international travel and global telecommunications. It is hard for us to project the degree of sacrifice and harm that proposed climate policies would force upon us.

This blindness to the vital importance of energy is precisely what Earth Hour exploits. It sends the comforting-but-false message: Cutting off fossil fuels would be easy and even fun! People spend the hour stargazing and holding torch-lit beach parties; restaurants offer special candle-lit dinners. Earth Hour makes the renunciation of energy seem like a big party.

Participants spend an enjoyable sixty minutes in the dark, safe in the knowledge that the life-saving benefits of industrial civilization are just a light switch away. This bears no relation whatsoever to what life would actually be like under the sort of draconian carbon-reduction policies that climate activists are demanding: punishing carbon taxes, severe emissions caps, outright bans on the construction of power plants.

Forget one measly hour with just the lights off. How about Earth Month, without any form of fossil fuel energy? Try spending a month shivering in the dark without heating, electricity, refrigeration; without power plants or generators; without any of the labor-saving, time-saving, and therefore life-saving products that industrial energy makes possible.

Those who claim that we must cut off our carbon emissions to prevent an alleged global catastrophe need to learn the indisputable fact that cutting off our carbon emissions would be a global catastrophe. What we really need is greater awareness of just how indispensable carbon-based energy is to human life (including, of course, to our ability to cope with any changes in the climate).

It is true that the importance of Earth Hour is its symbolic meaning. But that meaning is the opposite of the one intended. The lights of our cities and monuments are a symbol of human achievement, of what mankind has accomplished in rising from the cave to the skyscraper. Earth Hour presents the disturbing spectacle of people celebrating those lights being extinguished. Its call for people to renounce energy and to rejoice at darkened skyscrapers makes its real meaning unmistakably clear: Earth Hour symbolizes the renunciation of industrial civilization.

Atlas Shrugged Tops Amazon’s Bestseller List

Washington, D.C., March 18, 2009 – Earlier this year Ayn Rand’s prophetic novel Atlas Shrugged was selling at triple the rate it sold at in the beginning of 2008. Now the novel is soaring to even greater heights, and its trade paperback edition is currently in first place in the Classics category on Amazon.com’s best-seller list for sales in the United States. The 50th anniversary mass-market paperback edition of Atlas Shrugged ranks as #2 and the trade paperback Centennial edition ranks as #3. For several weeks Atlas Shrugged has been holding steady in the top 10 best-sellers in the broader United States Literature and Fiction category, and as of the writing of this release, different editions of the novel stand at #3, #5 and #6 in Amazon’s ranking.

In a recent Wall Street Journal op-ed, Yaron Brook, executive director of the Ayn Rand Institute, explained the parallels between Atlas Shrugged and today’s events.

“In Atlas Shrugged, Rand tells the story of the U.S. economy crumbling under the weight of crushing government interventions and regulations. Meanwhile, blaming greed and the free market, Washington responds with more controls that only deepen the crisis. Sound familiar?”

Brook also stressed the importance today of the book’s often overlooked message that capitalism cannot be properly defended without morally defending profit and self-interest: “. . . only an ethic of rational selfishness can justify the pursuit of profit that is the basis of capitalism–and that as long as self-interest is tainted by moral suspicion, the profit motive will continue to take the rap for every imaginable (or imagined) social ill and economic disaster. Just look how our present crisis has been attributed to the free market instead of government intervention–and how proposed solutions inevitably involve yet more government intervention to rein in the pursuit of self-interest.”

Those interested in understanding the morality of capitalism can learn more in Ayn Rand’s The Virtue of Selfishness–which, at #12 in the Classics category, is setting records of its own.

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Yaron Brook is executive director of the Ayn Rand Institute. He is a contributing editor of The Objective Standard and his articles have been featured in major publications such as The Wall Street Journal, Forbes.com, USA Today, the Houston Chronicle, Chicago Sun-Times, Providence Journal and the Orange County Register. Dr. Brook is often interviewed on radio and is a frequent guest on a variety of national TV shows, having appeared on the new Fox Business Network, FOX News Channel, CNN, CNBC and C-SPAN. Dr. Brook, a former finance professor, lectures on Objectivism, capitalism, business, and foreign policy at college campuses, community groups and corporations across America and throughout the world.

To interview Dr. Brook or book him for your show, please contact media@aynrandcenter.org.

Ayn Rand Center Launches Blog: Voices for Reason

Washington, D.C., March 17, 2009 – The Ayn Rand Center for Individual Rights has launched its blog, Voices for Reason. The Center’s experts post commentary every weekday on today’s most pressing issues from the perspective of Ayn Rand’s philosophy of reason, individualism and laissez-faire capitalism.

At Voices for Reason media professionals will find unique, thoughtful and controversial commentary on current events and the state of our culture, which can be found nowhere else. The blog covers the economic crisis, environmentalism, foreign policy, free speech and property rights, and provides journalists and the general public with the principled answers Ayn Rand’s philosophy offers to today’s political, economic and cultural problems.

Experts from the Ayn Rand Center are available for print, radio and TV interviews based on the commentary they publish.

To read our most recent commentary in Voices for Reason, go to http://blog.aynrandcenter.org/. To interview our experts, e-mail Ayn Rand Center for Individual Rights (ARC) is a public policy research and outreach group. The Ayn Rand Center’s mission is to advance individual rights (the rights of each person to life, liberty, property and the pursuit of happiness) as the moral basis for a fully free, laissez-faire capitalist society.

Sales of "Atlas Shrugged" Soar in the Face of Economic Crisis

Sales of “Atlas Shrugged” Soar in the Face of Economic Crisis

Washington, D.C., February 23, 2009–Sales of Ayn Rand’s “Atlas Shrugged” have almost tripled over the first seven weeks of this year compared with sales for the same period in 2008. This continues a strong trend after bookstore sales reached an all-time annual high in 2008 of about 200,000 copies sold.

“Americans are flocking to buy and read ‘Atlas Shrugged’ because there are uncanny similarities between the plot-line of the book and the events of our day” said Yaron Brook, Executive Director at the Ayn Rand Center for Individual Rights. “Americans are rightfully concerned about the economic crisis and government’s increasing intervention and attempts to control the economy. Ayn Rand understood and identified the deeper causes of the crisis we’re facing, and she offered, in ‘Atlas Shrugged,’ a principled and practical solution consistent with American values.”

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Yaron Brook is executive director of the Ayn Rand Center for Individual Rights. Dr. Brook is often interviewed on radio and is a frequent guest on a variety of national TV shows, having appeared on the new Fox Business Network, FOX News Channel, CNN, CNBC and C-SPAN. Dr. Brook, a former finance professor, lectures on Objectivism, capitalism, business and foreign policy at college campuses, community groups and corporations across America and throughout the world.

To interview Dr. Brook or book him for your show, please contact media@aynrandcenter.org.

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What to Resolve This New Year

By Alex Epstein (January 1, 2009)

Given the devastated state of many Americans’ finances, our New Year’s resolutions will take on greater significance this year. To “get out of debt” was often a casually stated goal to be set as midnight approached and forgotten soon after; today it is rightly recognized as a fundamental necessity of life.

Unfortunately, the New Year’s commitment to self-improvement is widely viewed with cynicism–in part because New Year’s resolutions go so notoriously unmet. After years of watching others–or themselves–excitedly commit to a new goal, only to abandon the quest by March, many come to conclude that New Year’s resolutions are an exercise in futility that should not be taken seriously. “The silly season is upon us,” writes a columnist for the Washington Post, “when people feel compelled to remake themselves with New Year’s resolutions.”
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Since When Does America Allow Czars?

Washington, D.C. – “Our Founding Fathers must be turning over in their graves hearing Americans, of all people, discussing the need for a ‘car czar’ and an ‘energy czar,’” said Alex Epstein, an analyst at the Ayn Rand Center for Individual Rights.

“The whole purpose of the Declaration of Independence and the Constitution was to liberate individuals from czars, kings, and other dictators who violate individual rights and kill progress by shackling everyone to their ‘vision’ of how others should act.

“The new advocates of czarism claim that freedom has failed, and so we need some economic strongman to order everyone into line. But in fact, the energy and auto industries are suffering because they have been the victims of central planning and regulatory strangulation for decades. The solution to our problems is not to centralize government intervention from many czars to a few, but to remove it altogether. We must de-socialize the electric grids, liberate nuclear power, end bankrupting fuel economy mandates, and remove the many other government interventions that destroy freedom and progress.

“What we need is not a new set of czars, but freedom.”

Save the Big Three, Kill the U.S. Auto Market

Washington, D.C.– Advocates of a bailout for the Big Three claim that if we allow these giants to fail, it will destroy the U.S. auto industry. “In fact,” said Alex Epstein, an analyst at the Ayn Rand Institute, “it is the bailout, a veritable marriage between Detroit and Washington, that will destroy the U.S. auto industry.

“The Big Three have no right to demand that taxpayers risk money on them when private investors won’t. They do, however, have a right to demand the repeal of the policies that have helped destroy the auto industry. These include the labor laws that have forced them to acquiesce to economically catastrophic UAW demands, and fuel economy laws that have forced them to produce small cars that they can’t profit from given their labor costs. Indeed, the Big Three should have done this long ago–so that they would have been free to produce desirable cars at a profit in America, just as they do in scores of countries around the world.

“But instead of demanding their freedom and making a case to the market, the automakers are surrendering even more of their freedom to the government in exchange for taxpayer money. They have met Congress’s demand to commit to producing more small cars–even though it is small cars that have bankrupted the companies in the first place.

“By seeking handouts, not freedom, the auto industry is helping to destroy any remnant of a genuine auto market. In a real market, free companies would make money by producing the cars that free individuals judge best. In the new pseudo market, companies will make money by collecting taxpayer dollars in exchange for making whatever cars Washington tells them to. If this is what it means to save the U.S. auto industry, then the industry should die, and then real, freedom-seeking, profit-making companies might emerge.”

Don’t Bailout U.S. Automakers – Untie Them

Washington, D.C. –Politicians across the spectrum are calling for an auto bailout, arguing that we cannot allow such large companies to fail.

“If U.S. automakers cannot find a market fix for their problems, they must fail,” said Alex Epstein, an analyst at the Ayn Rand Center for Individual Rights. “They should go through bankruptcy proceedings so that creditors and owners can redeploy their assets as efficiently as possible.

“Every day these companies remain in existence in their current form, they are destroying shareholder wealth and wasting worker effort. To preserve these companies with a bailout would be obscenely unfair. Every dollar of a bailout would come at the expense of those who did nothing to cause the auto mess.

“There is one thing the government does owe the auto companies, however: freedom. For example, however the industry shakes out, automakers must be liberated from CAFE fuel economy laws that arbitrarily dictate what kind of cars they must sell, forcing them to sell millions of small cars that have no chance of profitability given consumer preferences. The auto industry must also be liberated from the Wagner Act, which gives unions the coercive negotiating power that railroaded the Big Three into their lavish, unprofitable wage and health plans. If a liberated Big Three can rejuvenate themselves, great; otherwise, a liberated next generation will be able to succeed where they failed.

“Economic freedom is what created the American automotive industry and made it the envy of the world. Economic freedom is the only thing that can bring it back.”

Mr. Epstein is an analyst at the Ayn Rand Center for Individual Rights, focusing on business issues. Mr. Epstein’s op-eds and letters to the editor have appeared in such publications as the Wall Street Journal, San Francisco Chronicle, Philadelphia Inquirer, Canada’s National Post, and the Washington Times. He is also a contributing writer for The Objective Standard, a quarterly journal of culture and politics. Mr. Epstein has been a guest on numerous nationally syndicated radio programs.

Drop the SEC Investigation Against Cuban

Washington, D.C. –Billionaire Mark Cuban is under investigation for “insider trading” by the SEC.

“This case is a travesty,” said Alex Epstein, an analyst at the Ayn Rand Center for Individual Rights. “Cuban is accused of selling his stock in Mamma.com after the CEO told Cuban that the company would be making a new stock offering that Cuban thought was a bad idea. But there is nothing wrong with this whatsoever–unless Cuban had a contractual obligation or fiduciary duty not to act on the information. And if Cuban violated a contract, which there is no evidence of, then that is the injured party’s–the company’s–job to pursue, not the SEC’s. In all likelihood, if there is anyone who violated a contractual obligation, it is the CEO who divulged confidential, unsolicited information–not the famous billionaire recipient who just happens to make a juicy target for SEC bureaucrats thirsting for another high-profile case to justify their regulatory power.

“The question of ‘insider trading’–when employees and investors of a company can act on certain information–should be left entirely up to private contract, such as restrictions on CEOs shorting their own stock. The criminalization of ‘insider trading’ has authorized the SEC to terrorize those whose only sin was to be a savvy investor. The Mark Cubans of the world deserve to be left free to make investment decisions under a government with clear laws against force, fraud, and breach of contract–not to spend years of their lives enduring witch hunts and prisons.”

Mr. Epstein is an analyst at the Ayn Rand Center for Individual Rights, focusing on business issues. Mr. Epstein’s op-eds and letters to the editor have appeared in such publications as the Wall Street Journal, San Francisco Chronicle, Philadelphia Inquirer, Canada’s National Post, and the Washington Times. He is also a contributing writer for The Objective Standard, a quarterly journal of culture and politics. Mr. Epstein has been a guest on numerous nationally syndicated radio programs.

Bush Is No Champion of the Free Market

Washington, D.C.–In a recent speech on the financial crisis, President Bush said, “If you seek economic growth, if you seek opportunity, if you seek social justice and human dignity, the free market system is the way to go.”

According to Yaron Brook, executive director of the Ayn Rand Center for Individual Rights, “It’s true that free markets are the source of economic prosperity and individual liberty–but President Bush, while he may pay lip service to free markets, has been a consistent opponent of them.
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