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Noted economist Jeffrey Sachs spoke to an Asian audience this week about the need for increased public spending in the region on such sectors as energy, pollution control, roads, public housing, ports, health and sustainable development. As in other areas, the emphasis is on spending the way out of the financial crisis, as long as [...]
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As follow up to this week’s Perspectives column regarding carbon cap and trade, there’s news today from noted economist Jeffrey Sachs, director of the Earth Institute at Columbia University. Sachs believes that a straight carbon tax on the source of pollution would prove much easier and cheaper than putting a cap on tens of thousands [...]
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