William Polley rightfully criticizes attempts to make Judgements about the degree and type of Carbon usage, suggesting We simply apply a Carbon tax, and let Markets assess the proper distribution of Carbon emissions based upon Profitability–I guess; Polley meanders a little in this Post–most unusual. I will add my less-than-Two Cents. The Scheduled Routes of Public Transportation, if designed to maintain levels of Public use, will inevitably be cheaper than Private Transportation because Route intervals are determined by the Profitability of maximized traffic. Systemic addiction to mandatory Period service at low-traffic intervals will bring low Profitability and high Carbon use rates.
Is Greg Mankiw in search of his Inner-Self? Or it simply a self-serving effort to dragoon Students to the Economic profession, with the insidious reference to the higher Salaries of the Profession; a hyper attempt to raise those Salaries. The later explanation would seem more inline with the ISTJ personality type. I have always held Economics to be the attempt of Businessmen to turn a Profit from the Academic world; a clandestine bunch who are not primary Consumers, and exhibit suspicious behavior which Homeland Security must supervise.
Mark Thoma and Matt Miller focus on the Conservative claim that it is all a Populist agenda. I may risk the possibility that I may be subjected to surveillance, but must ask: What is wrong with Populism? It is an idea somewhat related to the Concept that All Men are created Equal. Both Populism and this Concept are in error, but it would be unseemly to make too great a Mention of the fact. People try to do the best they can, and simple Intellectual or Structural failings should not be accounted against them. I know I get aggrieved when Critics whine about my lackluster performance. lgl
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