He restates many common environmentalist arguments for increased regulation and spending and suggests that no cost is too high to protect us from ourselves. His goals seem more in line with radical movement toward world government with scientists establishing the policy goals and methods. The problem of externalities, particularly concerning pollution, is a routinely studied macroeconomic issue. This article fails to adequately discuss how the costs of factors of production, such as clean air or water, are passed along to an unsuspecting public. They have currents effects.
Most economists agree that products are under-priced as a result of externalities.
The market implications not addressed in the article can be significant. According to both Classical and Keynesian models, the stated objective is not achieved in the long run and the negative consequences could be devastating. Questionable evidence, particularly dollar amounts and survey results, is cited throughout the article. Comparisons are presented from various years without a source or any indication of whether the figures given are in nominal or in constant dollars. This detracts from the credibility of his argument.