Comments on: Hey, have you seen that Guinness advert?

By: Brad DeLong

Brad DeLong — Tue, 25 Oct 2005 21:28:48 +0000

“Coy.” Moi?

Had we but world enough, and time…

By: CalDem

CalDem — Tue, 25 Oct 2005 18:18:35 +0000

A good friend TA’ed for Feldsteins huge econ seminar at Harvard. The first year she TA’ed he talked about tradeable pollution permit markets and how once they were put in operation people would see that the cost of environmental regulation was really high. She talked to him afterwards and showed him that, in fact, a market was in effect for Sulfur Dioxide and prices had been well BELOW what economists had predicted, showing that the costs of environmental regulation is lower than economists had thought. He said he would correct it the next year.

The next year, he gets up to do his environmental lecture and repeats the same erroneous claim that permit markets would show the high cost of environmental regulation.

The guy just can’t see beyond his ideological blinkers.

By: Tim Worstall

Tim Worstall — Tue, 25 Oct 2005 16:12:42 +0000

But will it be banned in Kansas?

By: Ray

Ray — Tue, 25 Oct 2005 11:03:20 +0000

You know you’re the second person on CT to refer to Private Eye’s opinion of the Guinness ad…
http://crookedtimber.org/2005/10/23/guinness-evolution-ad/#comment-114151