Elephantstrunk

From The Economist’s blog:

A LITTLE while back, Sir Partha Dasgupta, an economist well known for his work on development, caused a stir in the blogosphere by suggesting that the Stern report on global warming had been insufficiently attentive to the question of inequality in its selection of a discount rate for future damage.  The relative wealth or poverty of those who will be affected (now or in the future) matters in calculating how much of the burden of global warming (or of averting global warming) each should be asked to bear.

I thought of Sir Dasgupta this weekend, as some programme or another mentioned the fact that the Senate Democrats in America intend to make raising the minimum wage one of their first priorities when they take over Congress this January.

The Economist goes Globish.