Re: Re: Re: RE: Re: RE: From Brad De Long

["Ian Murray" <seamus2001@xxxxxxxx>]

> >So what's the limit on this? What keeps you from descending to the
> >horrific Summers/Pritchett level, where the logic of dumping toxic
waste
> >in Africa is "impeccable"?
>
> in the limit, cost-benefit analysis would decide that Lawrence
Summers is
> worth more (in terms of discounted expected future real incomes, of
course)
> than say, Brad deLong, so that it would be beneficial -- if not
efficient
> -- to save the former by offing the latter.
>
> Jim Devine jdevine@xxxxxxx &  http://bellarmine.lmu.edu/~jdevine
============
Unless the kilocalorie opportunity cost of the former is higher than
the latter and more could be fed by uh....

Ian