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UK: When hysteria trumps economics

March 7, 2013

A rational economist visits Climate Wonderland…

We desire to limit climate change in order to stop us causing the future to be poorer than it need be. It is simply entirely fucking insane to then cause the future to be poorer than it need be by overspending on climate change as a way of preventing the future from being poorer than it need be.

via Tim Worstall

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