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Another study in 2003 more modestly put the gains to world GDP at nearly 10%.
Lhota's argument, which Mayor Bloomberg has also articulated, is that the decline in the crime rate is fragile, and that efforts to rein in the N.Y.P.D. — ending stop-and-frisk, adding a monitor — would put the gains at risk.
But the ever-hedging boss of Swiss Re wants to put the gains from rising property/casualty premiums in context.
Estimates by economists put the gains at 0.66% of GDP that increases to 2% by 2020 if factors like foreign direct investment are included.
Tom Angell, the founder of the group Marijuana Majority, said striking down Colorado's law would "put the gains we've achieved to date as well as future gains in jeopardy".
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Some early estimates by analysts put the gain at $100 million before taxes.
While academics put the gain at £200 million, or $320 million, Scottish lawmakers settled on a figure of £93 million, which includes additional income charged to students from England, Wales and Northern Ireland who study in Scotland.
What other explanation is there for putting the gains that storm warnings and weather forecasting have made at risk by selling the radio spectrum used by essential, and extremely expensive, weather satellites for 5G wireless?
Broadie illustrates this with a startling example: "If a low-handicap golfer had Tiger Woods do all of the putting, the gain would be about 2.2 shots per round," he says.
Estimates in the German media put the potential gains from cracking down on the tax evaders at up to $280 million.
Estimates in the German news media put the potential gains from cracking down on the tax evaders at up to 200 million.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com