Friday, March 31, 2006

Al Gore's Externalities

Post later today on the extraordinary hypocrisy of Algore and his WSJ op-ed on the shortcomings of business and modern economics (it's all about the externalities). Externalities are costs borne by someone else. While Al and his friends want to point to pollution as the externality produced by business, readers need to remember that no one has produced externalities on the scale achieved by Al and his buddies.


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