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Quantifying The Intagible: How LM3 Cuts Through The Haze Of Partisan Agendas (LM3 Profile)
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| On October 30th, 2006 Sir Nicholas Stern released his Review, The Economics of Climate Change.
Stern described climate change as an economic externality which is an economic transaction that generates a positive or negative (re pollution, global warming etc.) effect for an uninvolved third-party such as the general public.
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