John Quiggin is a take-no-prisoners economist who isn’t afraid of a fight. In 2001 he had an article entitled “Wishful thinking of Walsh’s true believers” in the Australian Financial Review. You can read the whole thing here, but these are the choice bits.
Along with a range of right-wing luminaries, [Peter Walsh, Hawke’s Treasurer] is a leading figure in the grandly-named Lavoisier Group. This body is devoted to the proposition that basic principles of physics, discovered by among others, the famous French scientist Antoine Lavoisier, cease to apply when they come into conflict with the interests of the Australian coal industry.
The Lavoisier Group serves one useful social purpose. There are always participants in the public debate who will happily put forward any proposition that supports their position, whether or not it has any basis in fact and logic. The arguments of such commentators should be discounted appropriately, but it takes time and effort to identify them on an individual basis.
The Lavoisier Group has collected a number of prominent commentators who indicate, by their membership, that they are prepared to rely on wishful thinking whenever it suits their turn. These true believers in fairies at the bottom of the garden should be accorded the credibility they deserve.
Also on this day-
On 28 February 1997 Federal Environment Minister Senator Robert Hill announced the release of a discussion paper, ‘Future Directions for Australia’s National Greenhouse Strategy’, prepared by the Intergovernmental Committee on ESD with a deadline for submissions of 11 April 1997.