Asymptotically we'll all be dead
I read your blog, and love seeing your comments pop up in other blogs I also read. I am just from Utah, not so exotic (but perhaps surprising, a little).In addition to the economics, you have a great heart. That keeps me coming back.
Is the summing of consumer and producer welfare even more iniquitous when each include a compensation for risk? Because there is a non-zero covariance when consumers as tax payers and the ultimate back stop of the state. This seems to matter because what is being evaluated here are policies with large risks.Lavanito
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