Here's the quote:
The path to recovery now lies not in a new housing bubble, but in upgraded skills, increased exports and public investments in infrastructure and low-carbon energy.
This sentence appears in the third graph. There are eight paragraphs afterward that flesh out what Sachs considers to be the path to recovery. Carbon, or green, or alternative energy is not ever mentioned in any of his analysis.
Is it some kind of secret lefty code way to say "hey, you can trust me and my views, I love windmills just like you"?
I really wish economists would either (A) cut it out, or (B) explain why public investment in greenness can help lead to recovery (in a way that would be better than a simple carbon tax).
But I'm not holding my breath.
4 comments:
Here is some hope, local news investigates green signaling. Mireya Villarreal does an excellent job looking at both the costs and benefits.
http://www.woai.com/content/troubleshooters/story/Citys-new-LED-lights-save-energy-but-not-money/I7L3ZmOM8EWXBiQtzd-sKw.cspx
"Is it some kind of secret lefty code way to say "hey, you can trust me and my views, I love windmills just like you"?"
It's a secret code to me. Yes, to me personally.
For, you see, the next generation of windmills will need to have their blades made of a scandium containing alloy. I supply scandium.
Thus this is the code that Jeff Sachs and others use to make sure that they don't get on the wrong side of Worstall.
It's all really simple once you know the code.....
Straightens tangled and twisted steel bar such as scrap. Extremely effective for civil construction as straightened steel can be effectively put back to use.
Awesome. best spam comment ever!
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