Occasional musings about academia, research, travel, arts, and, most importantly, cycling.
Saturday, July 2, 2011
The Costs of Complying with Environmental Regulations
Dan Farber explains (here) why those costs cannot possibly have a large negative impact on jobs and the overall economy. And it's important to note that Dan's analysis is based on the most pessimistic (and dubious) estimates of regulatory costs. The fact of the matter is that federal environmental regulations, overall, provide substantial net social benefits.