Thursday, January 08, 2009
The Provision of a Public Good.
Today's Livescribe Lecture is here. Deriving the Marginal Social Benefit curve for a good that is nonrival in consumption and nonexcludable is the vertical summation of societies marginal benefits. In the lecture, Flad derives a MSB curve for Beavis and Butthead while Juan looks on.
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You need think about it. Despite the emails, the overwhelming evidence showing global warming is happening hasn't changed.
ReplyDelete"The e-mails do nothing to undermine the very strong scientific consensus . . . that tells us the Earth is warming, that warming is largely a result of human activity," Jane Lubchenco, who heads the National Oceanic and Atmospheric Administration, told a House committee. She said that the e-mails don't cover data from NOAA and NASA, whose independent climate records show dramatic warming.
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