An Action Network for Environmental Change

Nobel economist Paul Krugman: Cap and Trade's Economic Impact

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From: Ned Hill
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Complete video at: http://fora.tv/2009/11/09/Paul_Krugma... Economist Paul Krugman discusses the economic impact of a cap and trade system to control industrial carbon emissions. Krugman argues that while cap and trade would not affect GDP in the long-term, it has great potential to influence the economy in the near-term. He contends that the economy needs a "transformative technology" for investor's money and suggests that cap and trade might fill the gap. ----- New York Times columnist and Nobel economist Paul Krugman comes to the Hudson Union Society to talk about the aftermath of the global economic crisis. He discusses what it will take to make a full recovery, and explores how issues ranging from cap and trade legislation to healthcare reform will affect America's economy. - Hudson Union Society Paul Krugman joined The New York Times in 1999 as a columnist on the Op-Ed Page and continues as professor of Economics and International Affairs at Princeton University. Mr. Krugman received his B.A. from Yale University in 1974 and his Ph.D. from MIT in 1977. He has taught at Yale, MIT and Stanford. At MIT he became the Ford International Professor of Economics. Mr. Krugman is the author or editor of 20 books and more than 200 papers in professional journals and edited volumes. His professional reputation rests largely on work in international trade and finance; he is one of the founders of the "new trade theory," a major rethinking of the theory of international trade. Mr. Krugman's current academic research is focused on economic and currency crises. At the same time, Mr. Krugman has written extensively for a broader public audience. Some of his recent articles on economic issues, originally published in Foreign Affairs, Harvard Business Review, Scientific American and other journals, are reprinted in Pop Internationalism and The Accidental Theorist.

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green  climate  change  business  impact  carbon  sea  level  farms  cap  wind  and  trade  jobs  rising  NYC  Paul  economic  roofs  Macro-economy  Krugman  CO  Trade's

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Greenhouse Gases  Extreme Weather  Water Impacts  Emperilled Ecosystems  Global Meltdown  Wave Power technology  Wind Power Technologies  Climate Change and Government  Buying Green  Green Innovation  Solar Energy  Wind energy technologies  Obama's Green Initiatives  Fired Up Media

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