ukraine affecting putin and energy supplies. those events can send a prices. we underestimated for example with the covid lockdowns how intricate the supply chains were and had huge disruptions spending up prices. those kind of inflation, if authorities allow it will work itself out after world war ii for example, u.s. economy we forget it today under a huge transformation for peace time economy, making cars, those things you don t do overnight. the monetary inflation results when governments, central banks create too much money undermines the value of their currency. usually rising prices, that is the more ominousee dangerous tis because people to understand why prices seem to be going up for no real reason. t also political and social problems as we explain in the book. okay, interesting, and i wonder if you could talk a little bit about how that differs from. i think the way that we traditionally talk about inflation, especially sort of in the central banking universe, whi
we want we have this compelling debate on should america rapidly eliminate fossil fuel use to prevent climate catastrophe and we want to give them the full hour we did this debate at the university of miami in florida and at cu boulder last week and that in that case those two debates. it was alex epstein debating general wesley clarke and you can find both of those debates on steamboat institutes youtube channel today. we have alex epson, but we have a different debate opponent and let me briefly introduce. i will read their bios, and then i believe they are going to come up to the stage after i introduce them. we re very pleased to have with us this morning professor andrew desler. he s a professor of atmospheric science at texas a&m university. professor destler is a climate scientist who studies both the science and politics of climate change. he is the rita a heinz chair in geosciences at texas a&m in 2022. he was named director of texas a&m s, texas center for climate s
we are seeing critical decisions being made on our sources of energy. these decisions will determine whether the lights will come on when you flick a switch and if they do how much it will cost you to keep them on. there are many conferences across the globe that discuss climate change global climate accords and global warming, but none of these events include a discussion of the impact on individual freedom prosperity and standard of living we aim to change that with our program today. the goal of this summit is to build a better understanding of the nexus of us energy policy climate science and the impact on individual freedom and prosperity this understanding we believe will lead to better more realistic solutions, which can address these issues without bankrupting our families and vastly lowering our standard of living. when we were planning our recent campus liberty tour debates, which took place last week at the university of miami in florida and at cu boulder. we had a
energy independence is critical to national security none other than elon musk tweeted a few days ago. we need to increase oil and gas output immediately. yes, that was elon musk across the nation including here in northwest, colorado. we are seeing critical decisions being made on our sources of energy. these decisions will determine whether the lights will come on when you flick a switch and if they do how much it will cost you to keep them on. there are many conferences across the globe that discuss climate change global climate accords and global warming, but none of these events include a discussion of the impact on individual freedom prosperity and standard of living we aim to change that with our program today. the goal of this summit is to build a better understanding of the nexus of us energy policy climate science and the impact on individual freedom and prosperity this understanding we believe will lead to better more realistic solutions, which can address these is
introduce them. we re very pleased to have with us this morning professor andrew desler. he s a professor of atmospheric science at texas a&m university. professor destler is a climate scientist who studies both the science and politics of climate change. he is the rita a heinz chair in geosciences at texas a&m in 2022. he was named director of texas a&m s, texas center for climate studies. professor destler also served in the clinton administration during the the last year he served as a senior policy analyst in the white house office of science and technology policy his latest book introduction to modern climate change won the 2014 american meteorological societies louis j. batten authors award. we are also pleased to have alex epstein he is the president and founder of the center for industrial progress author of the moral case for fossil fuels. alex is a philosopher who argues that human flourishing should be the guiding principle of industrial and environmental progress.