[Note: Although the giant snakes I mentioned in my preceding post may have fat tails, I didn't want my description of the discussion between Harvard`s Martin Weitzman and Yale`s William Nordhaus of the limits of cost-benefit analysis to be overlooked, so I have largely copied it below. I've added...
Giant snakes? What could a few colossal bones found in Colombia have to do with us now? 1. A recent paper in Nature about the discovery of several specimens of a giant snake ("Titanoboa") that lived in Latin America 60 million years ago captured attention last week , including among climate...
Austrian-leaning economist Bob Murphy , whose efforts last year to discount the work of Yale's William Nordhaus on how cost-benefit analysis merits current action on climate change I previously examined , is back with more, this time defending Nordhaus' work from the criticism that I alerted...
David Zetland's libertarian-environmental blog, Aguanomics , has recently been carrying on some excellent discussions on resource and environmental economics, with interlocutors like Bob Murphy , Gene Callahan and others. In the context of two recent posts on government approaches to climate change...
Posted to
TT's Lost in Tokyo
by
TokyoTom
on
Mon, Jul 14 2008
Filed under:
Filed under: AGW, carbon pricing, Callahan, climate change, Nordhaus, Bob Murphy, David Zetland, Mankiw, Pigou, coase
I copy below comments I made on June 11 (Tokyo time) on Bob Murphy 's June 4 blog post, Cap and Trade Is Not a "Market Solution" , that have apparently been held up for moderator approval (perhaps because my three links triggered the blog's spam defenses?): Bob, I thank you for posting...