Every decision in life involves trade-offs. Sometimes they’re obvious, sometimes not so obvious. Ed Glaeser points out one trade-off that most people miss: our housing policy vs our environmental policy. Will Congress and the President sacrifice the environment in order to stimulate the economy? Or will they leave a moribund economy alone in the quest to counter global warming? Whichever they do, someone is going to be upset. Let’s see – who has the most votes? Oops – too bad for the folks concerned about global warming!
Tradeoffs in Everything