In which Seinfeld meets environmental policy
Posted by Evan Herrnstadt on January 6, 2009
Robert Stavins on green jobs:
“Let’s say I want to have a dinner party. It’s important that I cook dinner, and I’d also like to take a shower before the guests arrive. You might think, Well, it would be really efficient for me to cook dinner in the shower. But it turns out that if I try that I’m not going to get very clean and it’s not going to be a very good dinner. And that is an illustration of the fact that it is not always best to try to address two challenges with what in the policy world we call a single-policy instrument.”
New rule: if an idea is analogous to something Kramer did, you shouldn’t base policy on that idea.
Update: Maybe we could get out of this recession if we take all our bottles to Michigan.