Archive for March, 2008
Monthly Archive
Sunday, March 23rd, 2008
The Elephant in the (Economic Room)
http://www.marginalrevolution.com/marginalrevolution/2008/02/further-thought.html
Tyler Cowens rums into the elephant in the economic room. In a discuss about carbon tax, the author points out the potential downside of efficiency concerning output. In a theoretical model, with increased economic efficiency of say a cheap car (now being made in India BTW) on a per-unit measurement, the carbon output is decreased. [...]
