judge posner

  • Judge Posner:
    The most serious drawback of the carbon-offsets movement is that it is likely to make the problem of excessive carbon emissions more rather than less serious, and this for three reasons.
    Read on. I think his argument his sound, but I disagree with him on the public awareness issue he discusses in the final paragraph. (9) #
    12/2/2007
  • Judge Richard Posner, who more often than not sides against government regulation, is actually open-minded about the trans fat ban in New York City.
    [E]ven those of us who distrust government regulation of the economy should be open to the possibility that the ban on trans fats would produce a net improvement in the welfare of New Yorkers by satisfying a preference that most of them would have if the cost of absorbing information about the good in question were not prohibitive.
    But like his first commenter, I question the cost of opening the door to further regulation in this area, which Posner doesn't mention. (9) #
    12/18/2006
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