Monday, June 27, 2011

‘Green' jobs: Shrewd PR, bad economics

STEPHEN GORDON
Globe and Mail Blog
Posted on Monday, June 27, 2011 6:27AM EDT

"Job creation should not be a goal of environmental policy, no more than it should be a policy goal in the fields of health or national security. If, instead of hiring people, we could use magic to stop disease, crime and environmental degradation, we would. Pointing to jobs ‘created’ to fix these problems is an error that Frédéric Bastiat identified in his ‘parable of the broken window’. Broken windows generate work for glaziers, but that doesn’t mean that breaking windows will increase national income. "

Read it all here: http://www.theglobeandmail.com/report-on-business/economy/economy-lab/stephen-gordon/green-jobs-shrewd-pr-bad-economics/article2076663/

1 comment:

  1. http://www.prisonplanet.com/smart-meters-we-can-monitor-everything-you-do-in-your-home-video.html

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