We can use economic instruments to help realize our goals but economics does not tell us what our goals should be.
Dale JamiesonIs it in the UK's interests to leave the EU? It depends on your values. The answer can't be read off of GDP statistics under various scenarios or some measures of global influence.
Dale JamiesonIs it in the interests of Britain to leave or remain in the EU? As we saw in the referendum, there are different Britains and they see their interests in different ways. For a lot of everyday blokes the EU affected their sense of identity in ways they disliked, and they were right in thinking that the EU didn't return much to them by way of economic benefits.
Dale JamiesonI think when it comes to climate change, the single most important thing in the world is for the United States' Congress to pass an effective bill that will put a price in carbon because if it starts costing something to emit carbon, this will provide an incentive, people do act on the basis to some extent of economic incentives to emit fewer greenhouse gases.
Dale Jamieson