Sunday, August 31, 2003

"Markets Reward Eco-Terror. So Let's Fix Them" is an interesting article by James D. Miller, an Assistant Professor of Economics at Smith College. Says Miller:

Giving in to terrorists encourages them. Unfortunately, markets automatically respond to eco-terrorism by doing exactly what the terrorists want. If, for example, SUV dealerships were subject to a significant risk of arson, their insurance rates would rise, which would in turn raise the price of SUVs and therefore result in Americans driving fewer big cars.

We need to change economic cause and effect to stop the market from rewarding environmental terrorism.


Read the article to see his proposals.

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