Summers, then chief economist at the World Bank, laid out this argument in a memo he sent to some colleagues in December 1991. It was then "exposed" in _The Economist_ of 8 February 1992. How serious he was is arguable. A useful treatment of it all is in Chapter 2 of Hausman and McPherson's _Economic Analysis and Moral Philosophy_ (Cambridge U. P., 1996). On Mon, 9 Dec 1996, Robert Cherry wrote: > I recall that Summers argued that it would be efficient if we exported > pollution-producing production overseas. Does anyone have a reference and > the specifics of his argument. It came up at Brooklyn College and a > colleague told people that he said it in jest which I am sure is not true. > > Robert Cherry > Brooklyn College > EMail: [EMAIL PROTECTED] > Frank Thompson Department of Economics University of Michigan Ann Arbor, Michigan 48109 (313) 835-0156, 763-2392, (FAX) 764-2769
