Role of government regulation In a 2006 edition of the online magazine
Edge – the third culture, Ridley wrote a response to the question "What's your dangerous idea?" which was entitled "Government is the problem not the solution", in which he describes his attitude to government regulation: "In every age and at every time there have been people who say we need more regulation, more government. Sometimes, they say we need it to protect exchange from corruption, to set the standards and police the rules, in which case they have a point, though often they exaggerate it ... The dangerous idea we all need to learn is that the more we limit the growth of government, the better off we will all be." In 2007, the environmentalist
George Monbiot wrote an article in
The Guardian connecting Ridley's libertarian economic philosophy and the £27 billion failure of Northern Rock. Ridley has responded to Monbiot on his website, stating, "George Monbiot's recent attack on me in the
Guardian is misleading. I do not hate the state. In fact, my views are much more balanced than Monbiot's selective quotations imply." On 19 June 2010, Monbiot countered with another article on the
Guardian website, further questioning Ridley's claims and his response. Ridley was then defended by
Terence Kealey in a further article published on the
Guardian website. In November 2010,
The Wall Street Journal published a lengthy exchange between Ridley and the
Microsoft founder
Bill Gates on topics discussed in Ridley's book
The Rational Optimist. Gates said that "What Mr. Ridley fails to see is that worrying about the worst case—being pessimistic, to a degree—can actually help to drive a solution"; Ridley said "I am certainly not saying, 'Don't worry, be happy.' Rather, I'm saying, 'Don't despair, be ambitious. Ridley summarised his own views on his political philosophy during the 2011
Hayek Lecture: "[T]hat the individual is not – and had not been for 120,000 years – able to support his lifestyle; that the key feature of trade is that it enables us to work for each other not just for ourselves; that there is nothing so anti-social (or impoverishing) as the pursuit of self sufficiency; and that authoritarian, top-down rule is not the source of order or progress." In an email exchange, Ridley responded to the environmental activist
Mark Lynas's repeated charges of a right-wing agenda with the following reply: Ridley argues that the capacity of humans for change and social progress is underestimated, and denies what he sees as overly pessimistic views of global
climate change and
Western birthrate decline.
Climate change In 2014, the
Wall Street Journal op-ed written by Ridley, "Whatever Happened to Global Warming?" suggesting that climate scientists' explanations were implausible, was challenged by
Jeffrey Sachs of
Columbia University's Earth Institute. Sachs termed "absurd" Ridley's characterization of a paper in
Science magazine by the two scientists Xianyao Chen and
Ka-Kit Tung. Sachs challenged Ridley's contentions, and claimed that the "paper's conclusions are the very opposite of Ridley's". Ridley replied that "it is ludicrous, nasty and false to accuse me of lying or 'totally misrepresenting the science'. I have asked Mr. Sachs to withdraw the charges more than once now on Twitter. He has refused to do so".
Friends of the Earth has suggested that Ridley's
opposition to climate science is connected to his ties to the
coal industry. He is the owner of land in the north-east of England on which the
Shotton Surface coal mine operates, and receives payments for the mine. In 2016, he was accused of
lobbying for the coal industry, based on an email he had authored to the UK government's energy minister describing a Texas-based company that planned to sequester carbon into materials useful for industrial chemical manufacturing. The complaint was summarily dismissed by the
House of Lords Commissioner for Standards.
Shale gas and fracking Ridley advocates for the economic significance of
shale gas. He is a proponent of
fracking. In 2015, he was found to have breached the Parliamentary Code of Conduct by the
House of Lords Commissioner for Standards for not orally disclosing in debates on the subject personal interests worth at least £50,000 in
Weir Group, which has been described as "the world's largest provider of special equipment used in the process" of
fracking.
Euroscepticism Ridley is a
Eurosceptic and advocated the withdrawal (
Brexit) of the UK from the
European Union during the
2016 United Kingdom European Union membership referendum. He appeared in
Brexit: The Movie, arguing for Britain to return to the policy of
free trade that distinguished it after 1845 until the 1930s.
Free-market anticapitalism Ridley wrote a 2017 column making the case for free-market anticapitalism. He makes the case that it is misleading to refer to 'capitalism' and 'markets' as the same thing because "commerce, enterprise and markets are – to me – the very opposite of corporatism and even of 'capitalism', if by that word you mean capital-intensive organisations with monopolistic ambitions. Markets and innovation are the creative-destructive forces that undermine, challenge and reshape corporations and public bureaucracies on behalf of consumers. So big business is just as much the enemy as big government, and big business in hock to big government is sometimes the worst of all."
COVID-19 Ridley wrote in May 2020 that "research into the origins of the new coronavirus raises questions about how it became so infectious in human beings" and included as one possibility "perhaps laboratories". His 2021 book
Viral: The Search for the Origin of COVID-19, written with
Alina Chan ascribes the most likely proximate origin of the virus to the
COVID-19 lab leak theory. The book received mixed reviews. ==Honours, awards and titles==