Economics

A House of Cards

December 1, 2008

There are those among us who, whilst not willing to admit this publicly, probably deep down take the view that with 6+ billion people on this planet, we can probably afford to lose a few under climate change. Certainly if you look at something like the Stern Review, which uses a “willingness to pay” index to value lives, it is clear that some lives are seen as much cheaper than others. This is quite an extreme expression of a “Them” and “Us” mentality. It is also a profound mistake, because... More