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Daily Archive for February 6th, 2013

Direct US government spending on climate change was $4.6 billion in 2003. It was $8.8 billion in 2010. That was 9.7% growth per year over this period. If present trends continue, by the year 2100 (typically the scale of climate projections), climate change spending will be $37 trillion, which would represent fully 2/3 of the expected federal […]

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I have come to the belief that the asymptotic value of consumer surplus in societies with blob-like governments is zero. To illustrate, it would take a LOT more taxes and regulation here in Rochester before I seriously considered moving for that reason alone. Yikes? or Not?

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