Fakenomics

  • How industry first went to war with climate science

    Brendan Montague
    | 23rd August 2018
    Scientists had well understood for many decades that adding carbon dioxide to the atmosphere could raise global temperatures and cause climate change. But when politicians finally took notice, and the Intergovernmental Panel on Climate Change was formed, industry began a war with science itself. BRENDAN MONTAGUE investigates

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    How traditionalist Hayek feared science would lead to Socialism

    Brendan Montague
    | 22nd August 2018
    Thatcherism was the implementation of neoliberalism - the school of free market economics led by Friedrich von Hayek. This school claimed economics was a science that should direct society and social policy. But, strangely, Hayek felt science itself should be avoided - as it led to socialism. BRENDAN MONTAGUE reports

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  • How Margaret Thatcher came to sound the climate alarm

    Brendan Montague
    | 21st August 2018
    Margaret Thatcher was the first world leader to put climate change at the top of the agenda. Lord Lawson, her chancellor then, is now a mouthpiece for climate denial. So how does he explain her political support for the scientific consensus? BRENDAN MONTAGUE investigates

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    Oil and tobacco explain funding of neoliberalism

    Brendan Montague
    | 16th August 2018
    The Institute of Economic Affairs (IEA) helped Thatcher's rise to power and when she became prime minister she followed their programme. This success allowed the IEA to fundraise from industry giants—including oil and tobacco. BRENDAN MONTAGUE investigates

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