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For some countries, such as Afghanistan and Nigeria, which are only just above subsistence levels, such a fall in living standards could be catastrophic.So it is no good saying "let them eat cake": there are strong welfare arguments for helping those who stand to lose.
There are strong moral and economic arguments for helping them the same way we helped the banks.
Perhaps one of the strongest arguments for helping households to switch to cleaner fuels is related to pollution and their associated health outcomes.
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It is not even necessary to wrestle with the humanitarian argument for helping tottering countries.
There was a strong economic and political argument for helping poor countries, too.
Clearly there is a strong moral argument for helping the destitute ravaged by AIDS, in Africa or elsewhere.
The argument for helping it out rests mainly on the belief that a refusal to do so could upset whatever equilibrium exists.
If r really is greater than g, now and forever, it's a powerful argument for helping the 99percentt own more stock.
Put simply, the argument for helping Russia now is that it would give its new government a chance of steadying market nerves, and thereby provide a long enough breathing space a year or so for reforms to bite and to start benefiting people.
That's an argument for helping customers understand the rules of the game.
But overall, what I really love is Bjorn Lomborg taking his argument for helping the poor to the skeptics of the world and going through the Wall Street Journal -- as if this is the crowd lining up to send development money to countries for food, water, and bed nets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com