DesertFox
05-25-2006, 05:00 AM
Bill Steigerwald
FrontPageMagazine
24 May 06
John Stossel, who co-hosts ABC's popular "20/20" on Friday nights at 10, is arguably the most influential libertarian in the mainstream media. Unfortunately, he's also the MSM's only libertarian journalist – the only one who understands, appreciates and openly pushes the virtues and benefits of free-market economics.
Stossel has a new book out, Myths, Lies, and Downright Stupidity: Get Out the Shovel -- Why Everything You Know is Wrong. Like his 2004 best-seller, Give Me a Break, it is a bright, breezy and politically incorrect treatment of issues he's addressed on "20/20." I talked to him by telephone from Houston on Tuesday, May 16:
Q: The truths you assert -- that DDT saves lives, that price gouging saves lives, that foreign aid doesn’t help poor people and even that red cars attract police attention -- often sound like the ravings of a madman to many people. Why is that?
A: Gee, thanks! Price gouging being good and foreign aid not helping poor people sounds like madness because economic ignorance is so widespread and the economically clueless in the media keep perpetuating myths.
Q: What is it that you know or you have learned -- or think you know -- that enables you to see through these myths?
A: I have more time to talk to the smarter people. Economics is not intuitive, I was late to discover. It just takes a little understanding of economics to see how price gouging is helpful at bringing new supplies in. It’s not on the radar screen of the mainstream media that DDT saves lives. We’ve been so trained by our high school and college educations and Rachel Carson to think that DDT is evil. Maybe I read more widely and I watched the footage of Americans having picnics while surrounded by the white smoke when we sprayed vast quantities of DDT. Some people even ran toward the trucks, they were so thrilled to have mosquitoes killed. We did end our malaria problem, but only by spraying vast quantities of DDT did we cause problems. Even then, the only problem was the thinning of the eggshells of the bald eagle. Using tiny amounts would save millions of lives. It’s so disgusting that we don’t do it. We instead waste taxpayer money on bed nets that get holes in them.
More (http://www.frontpagemag.com/Articles/ReadArticle.asp?ID=22595)
FrontPageMagazine
24 May 06
John Stossel, who co-hosts ABC's popular "20/20" on Friday nights at 10, is arguably the most influential libertarian in the mainstream media. Unfortunately, he's also the MSM's only libertarian journalist – the only one who understands, appreciates and openly pushes the virtues and benefits of free-market economics.
Stossel has a new book out, Myths, Lies, and Downright Stupidity: Get Out the Shovel -- Why Everything You Know is Wrong. Like his 2004 best-seller, Give Me a Break, it is a bright, breezy and politically incorrect treatment of issues he's addressed on "20/20." I talked to him by telephone from Houston on Tuesday, May 16:
Q: The truths you assert -- that DDT saves lives, that price gouging saves lives, that foreign aid doesn’t help poor people and even that red cars attract police attention -- often sound like the ravings of a madman to many people. Why is that?
A: Gee, thanks! Price gouging being good and foreign aid not helping poor people sounds like madness because economic ignorance is so widespread and the economically clueless in the media keep perpetuating myths.
Q: What is it that you know or you have learned -- or think you know -- that enables you to see through these myths?
A: I have more time to talk to the smarter people. Economics is not intuitive, I was late to discover. It just takes a little understanding of economics to see how price gouging is helpful at bringing new supplies in. It’s not on the radar screen of the mainstream media that DDT saves lives. We’ve been so trained by our high school and college educations and Rachel Carson to think that DDT is evil. Maybe I read more widely and I watched the footage of Americans having picnics while surrounded by the white smoke when we sprayed vast quantities of DDT. Some people even ran toward the trucks, they were so thrilled to have mosquitoes killed. We did end our malaria problem, but only by spraying vast quantities of DDT did we cause problems. Even then, the only problem was the thinning of the eggshells of the bald eagle. Using tiny amounts would save millions of lives. It’s so disgusting that we don’t do it. We instead waste taxpayer money on bed nets that get holes in them.
More (http://www.frontpagemag.com/Articles/ReadArticle.asp?ID=22595)