In the way of explanation, sometimes you run across something online and know that it would make a mediocre blog post (which, realistically, is the best we can do) but you don't have time to bring it up to mediocre quality. So, all you do is highlight the text that you think might be interesting and click on the "Blog it" button on the toolbar. You get a popup and click on "Edit in Typepad." Then, the next morning while drinking coffee in a happy, quiet place, you go to Typepad and edit the text down to something that our readers can handle, say, more than 140 characters but less than 150 words. And then you write something shallow with a grain of economic content.
But sometimes you accidentally click on "post it now!" and it goes to the blog and your facebook page. Sorry about that.
In the morning, instead of preparing for class (because blogging is, like, the most important thing I could ever think about doing), I was going to write something about how I prefer to use a market-based discount rate and determine the efficiency of a policy and allow decision makers to incorporate intergenerational equity considerations into their policy decisions; relative to cranking the discount rate down so that the social cost of carbon is high enough to make aggressive climate policy appear more efficient than it may actually be.
That said, and in reply to a tweet, no I haven't read the paper that cranks the government's consensus social cost of carbon estimate upwards. I accidentally posted that excerpt without reading the paper like an idiot. Like an idiot!