Liberal Economist wants $1 dollar gas tax

[psijac]

http://web.mit.edu/newsoffice/2012/prof ... -0305.html" onclick="window.open(this.href);return false;

That produces significant health benefits beyond the problems associated with climate change. “We’re talking about asthma attacks and respiratory problems,” he adds. “This isn’t just a matter of helping the world two generations from now. You can point to this and say, ‘Here is a more immediate, salient reason for a gas tax.’” According to Knittel and Sandler, 70 percent of the costs of a gas tax of $1 per gallon could be recouped by immediate health benefits from reduced pollution. Other possible benefits from the tax — reductions in climate change, traffic congestion and accidents — could make it a net winner for people in economic terms alone.

Sometimes I wonder how smart people can be so stupid

[AEA]

And this is what's teaching at MIT? Makes me proud I dropped out and got my GED High School Cert while in the Navy!