Adapting to Climate Change

Published August 3, 2021

Politicians and bureaucrats continue to favor costly regulations to mitigate the effects of climate change. But there is an alternative approach: human beings adapting to climate change in the face of changing prices. Government policies should focus on clarifying the true costs of climate change, encouraging people to adapt and make decisions based on clear price signals.

Discussion Questions:

1. How do price signals help people make informed decisions about the future?
2. How do government policies obscure the true costs of climate change?

Additional resources:

• Read “Adapt and Be Adept,” by Terry Anderson, via Defining Ideas. Available here.
• Watch “Terry Anderson on Environmentalism and Economic Prosperity” on PolicyEd. Available here.
• Watch “Bjorn Lomborg on the Key to Overcoming the Effects of Climate Change” on PolicyEd. Available here.