This book examines how free-market capitalism will help us to escape the potentially deadly impacts caused by coming climate change. The book's core theme is ironic. Capitalist growth has caused climate change, but the innovation spurred by free markets will allow us to adapt to our changing climate conditions. Why? In the Chicago rational-expectations spirit, forward-looking households and firms have every incentive to anticipate the challenges ahead and take proactive actions. Unlike the free-rider problems inherent in reducing greenhouse-gas emissions, mere self interest (to save our ass!) helps us to adapt to climate change. While some of us are Homer Simpson, just a few Spocks will help to protect the entire world from the tough days ahead.

This book is funny. Most economists aren't funny and no climate-change books are funny at all. This book will anger the entire political spectrum. The right will not like this book because I believe that climate change is a real threat. The left won't like it because I aspire to be a minor league Milton Friedman, AM'33, or Gary Becker, AM'53, PhD'55. David Brooks, AB'83, might like it?