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The Copenhagen Consensus:

Ronald Bailey interviews Bjorn Lomborg about the Copenhagen Consensus in Reason. Via Zak Moore at Dartblog.

I am a huge fan of the Copenhagen Consensus project and would encourage anyone interested in a rational approach to addressing major global issues to check it out. Even if you don't agree with their final list of priorities, their methodology is quite thought-provoking.

CJColucci:
I never understood quantum physics.
10.20.2008 5:48pm
constant (mail):
I find many-worlds more convincing.
10.20.2008 6:24pm
Fub:
Even if you don't agree with their final list of priorities, their methodology is quite thought-provoking.
I didn't see any details on methodology, but their press release seemed to indicate that straightforward economic cost-benefit analysis was the basis.

What is remarkable, if their analyses are correct, is that the economic returns for some projects are enormous. One, from the press release:
Providing micronutrients for 80% of the 140 million children who lack essential vitamins in the form of vitamin A capsules and a course of zinc supplements would cost just $60 million per year, according to the analysis. More importantly, this action holds yearly benefits of more than $1 billion.
Those are the sorts of numbers that regularly drive speculators to take flyers.

The problem is that nobody sees a particular profit for themselves in such an undertaking, even if it were wildly successful.

If someone figured out a way to make private profit from such an investment, even a fraction of the projected economic benefit, investors would line up around the block and down the street.
10.20.2008 7:44pm