Freakonomics: The Consequences of Being Green
I'm going to say it again. I really like economics. Especially FREAKONOMICS!
This article is short and simple, like most of blogger Daniel Hamermesh's entries, but I like it more than a few of his others. Most just explain basic economic principles and apply them to real world events. But this leaves a little more room for interpretation, and I enjoyed all the comments as well.
But this is the best, "There should be a rule: before helping the environment in one market, we should be required to think through the impacts on other markets."
4.24.2008
Subscribe to:
Post Comments (Atom)
Well that rule should really be:
ReplyDeletebefore doing one thing in one market, we should be required to think about consequences in other markets.
unintended consequences are a problem in more than just green legislation...
You are right. Like always. Except when I win.
ReplyDeleteI think the point is (though he doesn't say it explicitly) that unintended consequences are more easily overlooked when dealing with green ventures. So he's making a point to keep it in mind, rather than having the "It's green. 'Nuff said." mentality.
ReplyDeleteI got the invitation in the mail yesterday. I'M EXCITED!!!