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This isn't exactly what I was thinking of, but it seems to hit most of the same points.
https://www.econlib.org/library/Columns/y2009/Murphyclimate.html
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pull down to refresh
This isn't exactly what I was thinking of, but it seems to hit most of the same points.
https://www.econlib.org/library/Columns/y2009/Murphyclimate.html
right.... the optimal temperature/Nordhaus projection argument.
I haven't heard this mechanical "net benefit" thing...?