There is a lot of talk in the U.S. about how to stimulate the economy out of recession. Many calls for a so-called ‘green stimulus,’ with green jobs, green energy, green this, green that. The Environmental Economics blog reports some of Alan Randall’s (a renowned environmental economist) recent comments on a green stimulus, and what it might do to the reputation of environmental economists:
Environmental economists are notorious for being too environmental for most economists and too economic for most environmentalists. […] we are now also too rigid about the microeconomics to suit the macroeconomists, and too flexible about the macroeconomics to suit the microeconomists.