Sunday, April 11, 2010

Krugman on Climate Change Economics

Great, but long, article from the NY Times Magazine about the economics of dealing with climate change by Nobel winning economist Paul Krugman. It includes a very nice primer on negative externalities, and the idea of putting a price on behavior that negatively effects others. I will be teaching my Micro classes about externalities in a few weeks, and plan to make them read this story, but you can read it now RIGHT HERE.

No comments: