Friday, July 17, 2009

Battling intellectual smog


California's AB 32 was intended (so they say) to help this state battle global warming by controlling greenhouse gases. That would alleviate problems that we have with physical world smog.

Unfortunately, there a those who still believe Any Rand and that regulation is evil and they produce an even more insidious intellectual smog. It is reported that a CSU-Sacramento Report estimates the "cost" to small businesses from California's AB 32 at $50,000 per year.

UCLA Economics professor, Matthew I Kahn, provide a good analysis of why they get it wrong.



1 comment:

Dave said...

Hey gents. This is off-topic, but I noticed that your sidebar says that there are no California Greens running in special elections. I know that Jeremy Cloward is running for congress in the 10th district, and Mike McCue is running for LA City Council. I'd love to see your profiles on these candidates. Thanks.