THE PAMPERED ONES: A LETTER TO THE ECONOMIST (June 2, 2008)

As you argue in your main leader, this oil crisis should be turned into an opportunity as soon as possible (“Recoil,” May 31, 2008). Much change is needed with respect to energy production and consumption, and the time for change is now. The less pampering of all those now at risk, the better, for the opportunity will be grasped sooner and with greater zeal. The crises of 1973-74 and 1979-80 offer all the supporting evidence that is needed, as the countries that offered least protection ended up by suffering least, as well. Now, explain this to the pampered ones around the world. Lo and behold, most of them are happily ensconced in Northwestern Europe!