Close your factories, take long vacations and work less, if you want to stop global warming. So says The Center for Economic and Policy Research, and aren’t you glad your tax dollars are supporting this sort of thinking? The idea is brilliant, and exactly what you’d expect from Harvard professors, but the Chinese dictatorship, already on shaky ground, may be wary of emulating Spain’s 50% unemployment rate for its youth – kids ‘ll do the meanest things when they’re annoyed.
Do you remember when Harvard was a respected institution and economy was a hard science? Neither do I.