Myths, Lies, and Downright Stupidity: Get Out the Shovel—Why Everything You Know is Wrong...what a title! In twelve chapters containing 150 connected essays, John Stossel tackles—and usually hogties—150 myths many of us believe, or are persuaded by various "authorities" to believe. Given the large number, I'll do the random thing (I'm running the RAND function on my calculator as I write): OK, numbers I get are (sorted) 13, 46, 76, 106, and 128. The text below in the "Bottom Line" section is my paraphrase, not quoted from Stossel. And by the way, Stossel doesn't number the items; I am a numbering kind of guy, so I numbered my own copy.
#13 (from Chapter 1)
MYTH: We are running out of oil fast
TRUTH: Not so fast
Bottom Line: As prices rise, new resources become profitable; at current prices, we can afford to exploit oil and tar resources that will last 50-100 years, and some "alternative energy" technologies are getting competitive.
#46 (from Chapter 4)
MYTH: You know what taxes you pay
TRUTH: You don't have a clue
Bottom Line: Huge amounts of taxes are levied against corporations, which then must raise prices to stay afloat, so no matter what kind of tax there is, remember, only consumers actually pay all taxes. (Some fellow-students and I once tracked down all the ingredients in a loaf of bread, and all the taxes on their production and distribution. We found more than 120 taxes on bread...in 1978! Who pays them? The person who purchases the bread. Every penny).
#76 (from Chapter 6)
MYTH: Brand name gas is better
TRUTH: Brand name gas costs more
Bottom Line: The gas sold at Wal-Mart, 7-11, and all "non-brand" stations like Merit is refined by Chevron, Exxon, Conoco, or another brand. (I've been in the oil business, with Conoco. Jobbers buy oil from any refinery that will sell it to them, and the larger refiners, that is, brands, usually have the lowest prices to jobbers).
#108 (from Chapter 9)
MYTH: Red cars attract police attention and cost more to insure
TRUTH: It's an urban myth
Bottom Line: Try this. Call your insurance company (or one at random) and tell them you are looking at two cars, identically equipped, but you and your spouse are arguing over whether to get the red one or the white one. See what they say about pricing! They'll want to know about YOU and your record, not about the car's color.
#128 (from Chapter 10)
MYTH: Revenge is sweet
TRUTH: Forgiveness is sweeter
Bottom Line: Remember the "live by the sword, die by the sword" adage? People who hold grudges simply don't live as long or as well as those who forgive and get on with life.
John Stossel, of 20/20 on ABC, began his journalistic career as a "modern liberal", and was transformed by years of myth-busting into a "classical liberal". Nobody understands historical liberalism any more, so he calls himself, a bit reluctantly, a Libertarian, as his concluding chapter explains.
There is plenty in the book for both liberals and conservatives (both excruciatingly mis-named these days) to hate. But as Bernard Baruch said, "Every man has a right to his opinion, but no man has a right to be wrong in his facts." In nearly all 150 cases, Stossel has his facts right. The political extremes, and the masses of people who complacently follow one or the other, seldom have facts at their disposal.
So, there is plenty of hay to be made. A few "myths" turn out to be true. For example, prosperous people really are more happy than very poor people, as most of us would guess. However, the really rich aren't happier than the "middle class." It was Jackie Gleason who said, "People who say money doesn't buy happiness just don't know where to shop." His persistent sadness of-stage revealed this as empty bravado. It turns out that gradually rising prosperity is better at producing happiness than any constant state of wealth that doesn't change. Reduced circumstances erode happiness. The billionaires want another billion, and are unhappy if they drop back to "half-billionaire" status.
I'm going to add a fact or two to #16, the last in Chapter 1 (MYTH: The world is too crowded/TRUTH: That's garbage too). Is the world too crowded? The question is better restated, "Does the world have more people than it can comfortably support?" Many folks say it does, John Stossel says it doesn't, and he buttresses the argument by comparing starving Niger, with 9 people per square mile, to America (28/sq mi), the Netherlands (484) and other prosperous countries. He states, rightly, that famine and other shortagles are primarily political. However, I take issue with the Netherlands, which imports some of its food, and Japan which imports about half, as counter-examples.
Were the kleptocratic government of Niger miraculously replaced with the most benevolent of republics, they couldn't wrest sufficient food out of their land to feed their people. The CIA World Factbook entry for Niger states of the geography:
"landlocked; one of the hottest countries in the world; northern four-fifths is desert, southern one-fifth is savanna, suitable for livestock and limited agriculture"
The country has 12.5 million residents, the same as Illinois. Its land area is 14 times as great. 11.4% of Niger is arable, and most of that poorly, compared to 50% of Illinois, which is 20 degrees cooler and has much more total water. The U.S. as a whole has 15% of the land under cultivation; another 10% could be farmed. Worldwide, 20-25% of land is arable to varying degrees. The political situation in Niger accounts for the fact that less than 1% of its land is actually being farmed at present, but if all 11.4% were farmed, it would be a poor country still, as it has little groundwater.
However, we were talking about the whole earth. With 6.4 billions, is Earth too crowded? At the moment there is room for debate. At what point would everyone agree that "Enough is enough!"? Ten billion, twenty, a trillion? World population growth is currently two percent. If the death rate doesn't increase (that would be a political miracle), we'll have ten billion in 2029, twenty billion in 2064, and a trillion humans (surely that is crowded!) on Earth in 255 years, in 2262 or thereabouts.
OK, if that's my only quibble with Stossel, I'd say he has a very good book here, and he does! Read and learn!!
No comments:
Post a Comment