John Stossel

Worse than that: Inevitably, more is taken away -- destroyed -- than is given because the government substitutes force and taxation for consent and free exchange. Instead of a process driven by consumer preferences, we get one imposed by politicians' grand social designs. It's what F.A. Hayek called "the fatal conceit."

So we shouldn't be surprised that green-jobs programs make energy more expensive. "(F)orcing green energy on the market (is) much, much more expensive," Green said. "Using Spain as a model, when you do the math, you realize that creating 3 million new green jobs could cost $2.25 trillion."

Of course, many people who push "green jobs" want the price of energy to rise so we'll use less. If the environmental lobby wants Americans to be poorer, it ought to come clean about that.

The advocates of such programs don't just misunderstand economics. They have lapsed into a pre-economic mentality. Rulers once believed they could do whatever they wanted, subject only to the physical laws of nature. If things didn't work out as planned, it was because the people had failed to cooperate. But as economist Ludwig von Mises wrote, once economics emerged as an intellectual discipline, "it was learned that in the social realm too there is something operative which power and force are unable to alter and to which they must adjust themselves if they hope to achieve success ... ."

That "something" is inescapable economic forces like the law of supply and demand.

Green is right when he says, "Central planners in the United States trying to promote green industry will fare no better (than Europe) at creating jobs or stimulating the economy."


John Stossel

John Stossel is host of "Stossel" on the Fox Business Network. He's the author of "No They Can't: Why Government Fails, but Individuals Succeed." To find out more about John Stossel, visit his site at >johnstossel.com. To read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate Web page at www.creators.com. ©Creators Syndicate