Paul Krugman's feature in the New York Times covers it all. If you haven't familiarized yourself with the subject, then find 15 minutes to read it. Worth noting: the debate between Krugman and James Hansen over the merits of cap and trade persists, but Krugman appears to at least grant Hansen recognition that burning coal will probably have to be restricted regardless of any market-based approach to reducing greenhouse-gas emissions.
More like this
There's been a lot of talk about the Newsweek article on economist Paul Krugman. But this part seems particularly relevant:
href="http://economix.blogs.nytimes.com/2008/10/13/paul-krugman-wins-economics-nobel/?hp">Paul
Krugman
href="http://www.ft.com/cms/s/0/6c61ac54-9922-11dd-9d48-000077b07658.html?nclick_check=1">was
awarded the
Our man in Chicago turned me on to Charlie Stross. Little did I
know, Stross' writings have become something of a sensation in the
academic world.
One of the first blogs I read was Crooked
The 2008 Sveriges Riksbank Prize in Economic Sciences in Honor of Alfred Nobel has been awarded to Paul Krugman.