Evaluating the free market by comparing it to the alternatives (We don't need more regulations, We don't need more price controls, No Socialism in the courtroom, Hey, White House, leave us all alone)
"Hurricane Ida has devastated the Gulf Coast. CNBC reports
that “Ida made landfall in Louisiana on Sunday as a Category 4 storm
with winds of 150 miles per hour, one of the strongest storms to hit the
region since Hurricane Katrina.” The property damage will be
significant. Nineteen deaths have been confirmed, and more will likely
follow. Those deaths are tragic, but thanks to enhanced preparation and
flood defenses, they are a small fraction of the 1,833 deaths caused by
Hurricane Katrina in 2005.
Compare Ida to the Great Galveston Hurricane that
made landfall on September 9th, 1900. The storm killed between 8,000
and 12,000 people. In 1915, another storm similar in strength struck
Galveston. The 1915 storm resulted in only 53 deaths. How did Galveston
reduce hurricane fatalities by 99 percent in 15 years? In a word,
adaptation. In 1902, the residents of Galveston funded a 10-mile-long
seawall, dredged sand from the shipping channel, and raised many
buildings, some by as much as 17 feet.
Thankfully, the rest of the world is following Galveston’s example.
Even the most dangerous storms kill fewer people than in the past. The Great Hurricane of 1780
killed between 22,000 and 27,000 people, making it the deadliest
Atlantic hurricane ever recorded. The second deadliest hurricane (Mitch) occurred in 1998 and killed just over 11,000.
Average deaths are declining as well. The Danish environmentalist Bjorn Lomborg has reported that
climate-related deaths averaged 485,000 a year in the 1920s. Between
2010 and 2019, there was an average of 18,362 annual climate-related
deaths. In 2020, the death rate dropped to 14,893. Based on what has
been reported, there have been 5,569 climate-related deaths in 2021 so
far.
So, adjusted for population, we went from 255.3 deaths per million in
1920 to 1.9 per million in 2020, a 99.25 percent decrease. In other
words, for every climate-related death in 2020, we had 133.6 deaths in
1920.
The above numbers suggest that between 1920 and 2020, the world has
become 13,260 percent safer from climate-related death (i.e., around 5
percent safer a year). Lomborg notes:
This is clearly the opposite of
what you hear, but that is because we’re often just being told of one
disaster after another – telling us how *many* events are happening. The
number of reported events are increasing, but that is mainly due to
better reporting, lower thresholds, and better accessibility (the CNN
effect).
To avoid falling for the CNN effect, look at the number of dead per
year as reported by the most respected global database, the
International Disaster Database (https://public.emdat.be/). You can also
read more from Lomborg’s peer-reviewed article here.
Will there continue to be dangerous weather and climate-related
deaths? Yes, but we must put these catastrophes into context. Over the
last 100 years, humanity has shown that we can adapt and thrive under
varying climate conditions. Let facts, rather than advertising dollars,
inform your thinking.
Professor Gale L. Pooley teaches economics at Brigham Young University, Hawaii. He is a Senior Fellow at the Discovery Institute and a board member of HumanProgress.org."
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