Every macro is a sum of micros
Brad DeLong asks what is the sector of the economy that can attract new investment? Alternative energy generation and distribution is the answer. Approximately one trillion over the next ten to twelve years, please, should buy us energy independence, abatement of global warming and huge new job growth.
Advertisement
Reed you've been smoking too much weed since you left the FCC and joined McKinsey.
If alternative energy is the messiah, then why haven't we since gobs of money flood into this space?
But if you're serious about it and you want to massively tax the use of fossil fuels during an incredibly tough economic time, be my guest.
Can you pass the bong?
December 18, 2008 11:26 PM | Reply | Permalink
Reed, is there a specific plan or program you've seen proposed for doing this that you like best?
December 19, 2008 9:54 AM | Reply | Permalink