Word: argumentation
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...less than 15% of the global population in 2030 - would exceed. Emissions-reduction efforts would focus on the well-off people above the cap, whatever country they live in. That lets the global poor continue to use cheap fossil fuels to help lift themselves out of poverty - countering the argument that cutting carbon emissions will disproportionately hurt the poor. "The result is you decouple poverty reduction from averting global climate change," says Chakravarty...
...argument goes like this: the biggest flaw in current financial regulation is not that there is too little of it or too much, but that it relies on regulators knowing best. We regulate because financial systems are fragile, prone to booms and busts that can have harmful effects on the real economy. But regulators aren't immune to the boom-bust cycle. They have an understandable habit of easing up when times are good and cracking down when they're not. In doing so, they often amplify the ups and downs of markets rather than modulate them. (Watch TIME...
...spin this into a case for reduced regulation--regulators are likely to mess up, so why bother? But it can also point toward an approach based not so much on discretion as on rules, the simpler the better. I first encountered this argument last fall in the work of left-leaning blogger Matthew Yglesias--he advocated "crude measures" like the old ban on interstate banking. Lately, though, I've been hearing similar suggestions from those of a conservative, University of Chicago bent. "When you give a lot of discretion to regulators, they don't use the tools that are given...
...Perhaps. But this time around, her motives don't ring as true. "In some ways, she is trying to repeat that feat," Persily says. "But there are some flaws in the argument. Under her thinking, every second-term governor or President was a misfit for staying in office because you can't run for re-election. That doesn't make sense." (See pictures of Bristol Palin and Levi Johnston...
...surface, the news that Yemenia Airways, whose jet crashed off the coast of the Comoros Islands on Tuesday, was not on the European Union's blacklist of airlines deemed lax on safety seems like a good argument for not only maintaining the blacklist, but extending it further...