ARNOLD KLING
August 14, 2011
The Top Political Contributors
August 11, 2011
Gender and the New Commanding Heights
August 11, 2011
Jamie Galbraith Makes an Assumption
August 11, 2011
Macroeconometrics: The Science of Hubris
August 10, 2011
Real and Nominal Bond Yields
BRYAN CAPLAN
August 14, 2011
The Effect of Thumb Sucking on Income
August 12, 2011
The Voice of Cold, Hard Truth to All Would-Be Educators
August 12, 2011
Ability, Morality, and Prosperity: A Paper and a Report
August 11, 2011
The Theory of Time and Frittering
August 10, 2011
Male Variance and the Remnants of the Gender Gap
DAVID HENDERSON
August 9, 2011
Hayek in "Unbroken", Part Two
August 8, 2011
Hayek in "Unbroken"
August 5, 2011
James Bovard on the Peace Corps
August 4, 2011
Summers Way Off on FDR and 1941
August 3, 2011
The "Amazon" Tax


Rioting and terrorism create new jobs by that same logic: someone has to rebuild!
You've found your news hook!
The fact that she thought (probably correctly) that most people would buy this argument illustrates the irrationality of voters.
Dick Cheney has about a million people involved in extracting oil from Iraq.
Hold on. Suppose that the world, including the US, China, and India, were to adopt a Kyoto-like agreement that required limiting emissions. Under such a system, China and other developing nations would have to adopt energy efficient technologies. Arguably, the U.S. has a comparative advantage in providing such technologies. So, if one is charitable, global warming agreements could benefit the U.S. by requiring countries to buy more pollution preventing technologies than they would have otherwise. But, I doubt it would result in millions of new jobs.
This is when she's trying to court the AFL-CIO types? So what? Democrats that don't do this wont win the primary, so I think we can safely assume that whatever is said at this stage is absolutely meaningless with respect towards policy.
Oh wait, thats every damned politician at every stage in the election cycle...
With respect to rioting creating jobs: Yes, it occasionally does. Its Keynsian stimulation and in some cases is good for the economy if you only know when to stop. The problem with Keynsianism is theres no central bank of fiscal policy that gives lawmakers how much of a deficit they're allowed to run.
If markets are efficient & global warming is an effective constraint, of course it's a bad thing. Under this GW constraint we must go to an equilibrium that was possible before but was not undertaken. So it's a win-lose. GW adjustment might result in economically more favourable equilibrium for some nations but not for the world as whole. Otherwise we would already be there.
Creating jobs is not an end in itself (say no to Marx). And creating jobs to do something people don't actually demand is waste.
Maybe she is expressing her belief that the costs of unabated warming is higher than the cost of warming abatement.
In Bastiatical terms, the window is broken, but if we fix it we won't freeze to death.
Still the term "win-win" is a bit misleading, more like "win [environment] but lose less [economy]".
I actually think there may be economic benefits if the threat of global warming generates the political action to reduce regulation of and increase production of nuclear power, but that's another issue altogether.
On the other hand, I have no faith in a global political process to reduce CO2 or methane emissions.
Don't worry about Hillary being elected she is just lying. She is way too smart to believe what she said there. Run Hillary run Hillary.
Go Ron Paul!