I haven’t read ‘The Rational Optimist’ by Matt Ridley, but I have read this review:
And… it has put me off. It is a book arguing that free, unregulated markets work better than regulated ones, and that the environment is not deteriorating. But, according to the review by George Monbiot, the book is full of blatant distortion. Like not mentioning how relatively free, unregulated markets led to the Credit Crunch, indeed particularly so in Ridley’s own company, Northern Rock (he was chairman of the company!), which needed a GBP £27bn bailout when it crashed due entirely to slack regulation, greed and stupidity (presumably on his part at least). As readers of my blog will know, I’ve forecast this economic depression for a long time now. Who listens? Not people who should know what they’re doing, anyway.