Ron Bailey’s New Book

It is called The End of Doom. From the final paragraph:

New technologies and wealth produced by human creativity will spark a vast environmental renewal in this century. . .the world will be populated with fewer and much wealthier people living mostly in cities fueled by cheap no-carbon energy sources. As the amount of land and sea needed to supply human needs decreases, both cities and wild nature will expand, with nature occupying or reoccupying the bulk of the land and sea freed up by human ingenuity.

Other notes:

1. Bailey is another devotee of North, Wallis, and Weingast. He argues that open access orders achieves sustainability, but limited-access orders do not and hence collapse. He worries less about environmental doomsday than about the United States slipping back into a limited-access order, in which political elites and business cronies are able to thwart human ingenuity.

2. From the introduction:

Canadian environmental researcher Vaclav Smil calculates that back in 1920 in the United States it took about 10 ounces of materials to produce a dollar’s worth of value, but that same value is now accomplished using only about 2.5 ounces

3. Also from the introduction:

wherever someone sees an environmental predicament in the world. . .the problem is occurring in an open-access commons, an area no one owns and for whose stewardship no one is responsible.

He is a fan of fish farms and private ownership of aquifers. For atmospheric pollution, such as chlorofluorocarbons that threaten the ozone layer, he sees a role for international treaties and regulations.

Bailey spoke here, and I enjoyed attending the talk.