Won't somebody please think of the productivity?
post
people are suffering, but it’s more important that the line is not increasing, peasants!
Wait wait wait, you're telling me all the money that was gained not fixing problems was short-sighted? You're telling me there's downsides?
Why haven't people been talking about this for 20 years!!!
Didn’t some economist joker get a Nobel prize for saying the climate disaster wouldn’t cause much economic harm?
I guess because the economy is made up, whereas the climate disaster is not.
He did. By assuming that damage was proportional to the fraction of the economy that a given sector represents. Which is an ok representation at very small amounts of warming. But when temperatures rise, the fact that the agriculture sector was, say, 3% of the economy, doesn't mean that damage is only 3% when the amount of food goes to zero.
all 11 comments