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Heartless Economists

Economists tend to care more for Pakistanis than polar bears. Does this make us unusual? I don’t know, but it would seem to refute the claim that we are nothing more than heartless green eyeshade types obsessed with money and efficiency.

This commentary by John Baden nicely sums up the economic way of thinking about global warming. John (and I) care more about Pakistanis than we do about polar bears. I suspect many non-economists find the economist’s way of thinking peculiar. But it surely is not heartless.


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