This 17-minute clip by Danish economist Bjorn Lomborg is about economic priority setting and major world issues. It acknowledges the problem of climate change and more than a dozen other problems facing the world. Lomborg says that not every problem can be solved, nor can every problem effectively be addressed simultaneously. Some projects make minimal improvement with large amounts invested. Seem projects make improvements nearly equivalent to their investment. Other projects give a return several times higher than the investment made. Which ones are which?
This presentation is too well-reasoned to garner an Oscar, but I say check it out anyway. Good stuff!
(HT: Acton Powerblog)
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