Homines libenter quod volunt credunt
Posted in Environment on Nov 12th, 2008
This passage made it into the section in a leading environmental text on the implementation of Benefit-Cost analysis: Nevertheless, given the uncertainty illustrated in the graph … it is clear that the choice between A and B could not be made on benefit-cost grounds (ed: expected net benefits of program A are slightly larger than […]
Posted in Flotsam and Jetsam on Nov 12th, 2008
Since people in the United States seem to think that there is such a thing as “we” and given that “we” seem to all want a hefty dose of socialism now, I thought it would be polite to spend a week talking about some of the things that government does (when it is not pointing […]
Posted in Environment on Nov 12th, 2008
There are no good environmental economics textbooks on the market. Not only do most not even mention the name of Julian Simon, or discuss the political economy of regulation for more than a paragraph, but they are littered with this sort of thing: Widespread fears of job loss from environmental protection, however, need to be […]
