Czech President to UN: Stay out of Economics and Science

Czech President Vaclav Klaus, speaking like an Austrian (economist, that is). I would go one step further and not leave the solutions to the member governments either; the solutions are to be found in free market capitalism. But I'm sure Professor Klaus knows that, as he is after all a follower of Friedrich Hayek.

From Reuters:

"UNITED NATIONS, Sept 25 (Reuters) - Czech President Vaclav Klaus on Saturday criticized U.N. calls for increased "global governance" of the world's economy, saying the world body should leave that role to national governments.

"The solution to dealing with the global economic crisis, Klaus told the U.N. General Assembly, did not lie in "creating new governmental and supranational agencies, or in aiming at global governance of the world economy."

""On the contrary, this is the time for international organizations, including the United Nations, to reduce their expenditures, make their administrations thinner, and leave the solutions to the governments of member states," he said.

""The anti-crisis measures that have been proposed and already partly implemented follow from the assumption that the crisis was a failure of markets and that the right way out is more regulation of markets," he said.

"Klaus said that was a "mistaken assumption" and it was impossible to prevent future crises through regulatory interventions and similar actions by governments.

"That will only "destroy the markets and together with them the chances for economic growth and prosperity in both developed and developing countries," he said.

"The Czech president, a vocal skeptic of global warming, said the United Nations should also keep out of science, including climate change. U.N. Secretary-General Ban Ki-moon has made fighting climate change one of his top priorities."

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