On This Earth Day, Credit Capitalism
President Bush today commemorated Earth Day in Maine, where he is touting his environmental policy and highlighting his plan to restore wetlands in the United States. "Earth Day is traditionally a day for the Left--a celebration of government's ability to deliver the environmental goods and for threats about the parade of horribles that will descend upon us lest we rededicate ourselves to federal regulators and public land managers," writes Jerry Taylor, Cato Institute director of natural resource studies, in "Happy Earth Day? Thank Capitalism." He argues that businessmen, not bureaucrats, "deserve most of the credit for the environmental gains over the past century."