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...trade scheme raise more cultural awareness about the issue or less? It may be the case that, under a cap-and-trade scheme, emissions will become more stigmatized in light of the existence a common venture to defeat global warming, regardless of its reliance on cold market logic. There are arguments on both sides, and it ultimately depends on how cap and trade is sold to and bought by the people. If a cap-and-trade scheme is spun in the rhetoric of shared sacrifice, rather than merely increasing efficiency, it could be effective in cultivating a cultural change...

Author: By Raúl A. Carrillo | Title: Tragedy of the Heavens | 5/10/2009 | See Source »

...Proposals for a nonprofit organization to trim its workforce in light of a recession are rightly controversial, even from economic point of view. In the Keynesian model, a recession can lead to a vicious circle of self-perpetuating cutbacks unless the government steps in to buttress demand. Under this logic, any actor claiming to act in the public interest (including but not limited to the government) ought to buy more goods (and labor) in a recession than a for-profit corporation under comparable constraints in order to maintain employment and demand levels...

Author: By Max J Kornblith | Title: Why I’m Pro-Protest | 5/10/2009 | See Source »

...impossible, for example, to directly link the increase in carbon emissions caused by a new coal plant to the polar bears' melting habitat. But environmental groups, several of which had fought in the courts for years to force the Bush Administration to list the polar bear, found Salazar's logic faulty. "From a scientific standpoint they're wrong," says John Kostyack, senior counsel at the National Wildlife Federation. "By doing this, the Obama Administration is missing a chance to tell the American people what global warming is doing their wildlife...

Author: /time Magazine | Title: Obama Agrees with Bush on Polar Bears | 5/8/2009 | See Source »

...asserts that its capital campaign is open-ended and will produce valuable funds even if the purchase of 45 Mt. Auburn never materializes. But this logic fails to consider that, while collecting $6 million from recession-pinched alums for the clear goal of a building purchase is difficult enough, trying to raise the same amount with only a vague appeal to “social space” would be flatly impossible...

Author: By The Crimson Staff | Title: The Capital Campaign to Nowhere | 5/7/2009 | See Source »

...deep pessimism that has seized the thinking of many analysts as they are in the midst of this dismantling of what it took the business community three decades to create. The reason that their forecasts may be wrong is that they are born of despair more than logic, just as the forecasts of permanent prosperity that were prevalent five years ago were born out of the mania caused by a historic inflation of real estate, unprecedented leverage, and ballooning stock markets...

Author: /time Magazine | Title: Despair and the Vision of the New Economy | 5/5/2009 | See Source »

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