Director, National Institute of Economic and Social Research
Tim Worstall on market-based approach to climate change: http://blogs.telegraph.co.uk/finance/timworstall/100019216/problems-like-climate-change-are-just-too-important-not-to-use-markets-to-solve-them/ … Agree. An issue where Micro 101 gives you the right answer.
What? NIESR agrees with me? Or rather, I agree with them?
Serious reconsideration of my position necessary here.
But, but, what\’s the point of NIESR if it isn\’t to be profoundly wrong about everything? It\’s like finding out that Julie Bindel occasionally approves of heterosexual sex or something: just doesn\’t fit into a rational worldview.