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12/30/2002 01:54:00 AM | Karsten Barde Giving Too Much Credit? Click here to check out a new book published by the Brookings Institute arguing for climate change policy more "sensible" than the Kyoto Protocol. The authors contend that the national strategy must meet four criteria: "it should slow down carbon dioxide emissions where it is cost-effective to do so; compensate those who are hurt economically; require a high degree of consensus both domestically and internationally; and allow countries to enter the program easily and continue to participate even if they drop out of the agreement at certain times." Maybe I'm giving too much credit here, but regardless of the content of the book or the strength of its arguments, I'm heartened to see economists offering their own policy recommendations given the propensity within that discipline--especially when it comes to environmental and social policy matters--to merely criticize others' political initiatives and thus avoid subjecting one's own positive conceptions to scrutiny. Re: school choice Brad, one thing that I find problematic about your post is the phrase "if school choice was as mobile as it should be." Classical economic theory, on its face, seems to support the idea of privatized education: profit motive, competition, consumer choice and all that. But fundamentally speaking, our federal government guarantees equal opportunity to all its citizens (with education as its primary mechanism). So long as that holds true, what motivates educational policy must be a devotion to providing the social good and not the callous pursuit of profit that characterizes commercial enterprise. My opinion on this matter applies, naturally, to ALL manner of social goods. As this is a fundamental economic consideration, others' thoughts on the matter would be appreciated... perhaps in particular Mr. Stevenson, who adoringly worships at the altar of capitalism when it comes to everything except education (as far as I can tell). perma link |
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