A Restatement

This is an argument I have made repeatedly. It is one of the most important concepts, maybe the most important, to understand in regard to climate change. It is also made by Judge Posner, a conservative jurist on the Seventh Circuit Court of Appeals and one of the nation's most influential legal thinkers and public intellectuals (he helped found the law and economics approach to judicial decision-making). http://www.nytimes.com/2010/02/21/business/economy/21view.html?8dpc