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Heartless Economists

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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 [2] 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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