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This acronym, meaning "There Ain't No Such Thing As A Free Lunch" is at the heart of this book- understanding and embracing it not as a phylosophy, but as a law of the universe.
Earth Report contributors understand that there is absolutely nothing in this world that comes without some cost. This understanding helps them make suggestions that encourage using laws of supply and demand to improve our economy.
Overfishing: There is always a cost to fishing. When no one is responsible for absorbing the costs of fishing, the cost is in the fish resources- populations of fish dwindle and we run out of the supply. But if someone has a vested interest in a fishing area, they can pass the cost onto the human economy. Their profits ensure that the area remains sustainable. Healthy fish need a healthy environment. Would you let someone dump toxic waste into your private fishery? Of course not.
Environment: This old topic has been hashed over again and again- usually with people arguing about whether or not humans are responsible for warming. But beyond this is the compelling argument of, "WHo Cares!" What is the cost of trying to stop HUMAN caused global warming? Huge. But we know that in the past, the earth has warmed even more without our help. If we pay the cost to stop human global warming, and natural global warming (or even worse- cooling) occurs, will our crippled economy be able to handle it? Most likely not. There is a real and dangerous cost to limiting our economy- one that this book points out when comparing the affects of natural disasters on robust economies versus weak ones. Any guess which one is more apt to deal with natural disasters?
This book is one sided, and presents one point of view. Read it along with the other information out there and I think you will be well on your way to forming your own opinions.
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