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Tim Haab
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"Has Exxon been funding these organizations?" she asked. "Well, the answer is yes," [Kenneth Cohen, ExxonMobil's VP of Public and Government Affairs] replied. "And I will let those organizations respond for themselves." Putting aside the fact that no one from any of the denier groups was on the program, Cohen's... Continue reading
Reblogged 2 days ago at Environmental Economics
COMPLEMENTS Definition: Goods A and B are complements if as the price of good A falls (rises), the demand for good B increases (decreases). Example: Automobiles and gasoline Evidence: From the Wall Street Journal A Deeper Story: While gas and automobiles are complements in general, the price of gas also... Continue reading
Posted 2 days ago at Environmental Economics
Looks like the immigration dialogue might need to change: For the first time in more than four decades, more Mexican immigrants are returning to their home country than coming to the United States, according to a report released Thursday. Philip Martin, Ag and Resource economist at UC Davis, in an... Continue reading
Posted 5 days ago at Environmental Economics
Being on the frontier is so yesterday. You want to be beyond the frontier. I hear there are these computing machines that the kids are playing with that can take large amounts of digital stuff, mash it together and spit out answers. Might be promising.
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Forget USC. Come to Ohio State. They have me. And a few other people who do some stuff. But definitely me. We have weather here. And some trees. Some celebrities are from here. And I am here. And who wouldn't want to work for me. As long as you are American. USA! (and me).
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October's temperature was the most above-normal month in history. It was 1.76 degrees Fahrenheit (0.98 degrees Celsius) above the 20th-century average. via Continue reading
Reblogged 7 days ago at Environmental Economics
Not like the brazen giant of Greek fame, With conquering limbs astride from land to land; Here at our sea-washed, sunset gates shall stand A mighty woman with a torch, whose flame Is the imprisoned lightning, and her name Mother of Exiles. From her beacon-hand Glows world-wide welcome; her mild... Continue reading
Posted Nov 17, 2015 at Environmental Economics
In March 2003, soon after the U.S. invaded Iraq, a news outlet predicted the war would be a colossal disaster that would ultimately destabilize the Middle East and fuel the rise of anti-Western forces willing to die for a fundamentalist cause. That outlet was The Onion. And the satirical news... Continue reading
Reblogged Nov 17, 2015 at Environmental Economics
Adam, I will probably expand on this, but here are my simple (and immediate reactions): 1) Taxes create deadweight loss. They distort the marginal conditions in markets. The size of the pie argument is simply an analogy for the efficiency/equity trade-off. Of course non-distortionary taxes (those that correct market failures) are by definition non-distortionary (tautological. But taxing the rich to give to the poor is distortionary. I'm not arguing good or bad, but simply stating the basic economic result that changing the marginal conditions will result in an inefficient allocation. We (as a society, or as individuals) may be willing to accept a smaller pie in exchange for a more equal distribution, but we need to recognize the trade-offs before making that decision. 2) Disgust, jealousy, moral conviction...the argument is the same. What you find disgusting, another may find acceptable. Where do we define the cut-off. How much disgust is acceptable? This is an individual decision (opinion). And quite frankly, I find your argument for disgust to be exactly the argument for jealousy I was trying to make. You find it objectionable that others have things you do not, just as I am sure that others find it objectionable that you have things that they do not. I think we might disagree on what constitutes 'opportunity.' I understand there is a fine line here, and I am not exactly sure I can define the line, but to me opportunity and freedom of choice are close synonyms. Disgust that some have and others do not is to me a form of jealousy. I have trouble figuring out the argument that somehow the fact that the rich are rich creates a situation that reduces opportunity for those who are not rich. This seems to follow from some sort of logic that this is a zero sum game--because the rich have more than me, I can't have more. But there is nothing in the fact that the rich have more than me that restricts my opportunity. It is not inequality that restricts freedom of choice, it is other barriers (discrimination, market failures, externalities, poverty...). These are things that policy should be aimed at correcting, not a more equal distribution for equal distributions sake.
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How stressful is it to be a hair stylist? According to CareerCast, a career information and job listing website based in Carlsbad, CA, it’s the least stressful job in America. “You work one-on-one with people, and you get the satisfaction of helping them,” says the site’s publisher Tony Lee. Hair... Continue reading
Reblogged Nov 16, 2015 at Environmental Economics
For some reason I have been thinking about income inequality lately. I guess it could have something to do with unavoidable coverage of asinine opinions by politicians trying to get people to elect them by saying whatever they think will get them votes. Rather than criticize the asinine opinions of... Continue reading
Posted Nov 12, 2015 at Environmental Economics
Since 2009, [Exxon] has endorsed a carbon tax, a position shared by many environmentalists and economists. Taxing the carbon in fossil fuels — oil, coal, natural gas — would raise their prices. That would, at least in theory, encourage energy efficiency and switching to non-fossil fuels. (Exxon Mobil prefers a... Continue reading
Posted Nov 9, 2015 at Environmental Economics
SmartAsset, a personal-finance technology company, has named Columbus the fifth best city in the country for conferences. The group’s report looked at nine metrics, including hotels and their cost, the violent-crime rate and the distance from the airport to the city’s center. It noted that Columbus has an average hotel... Continue reading
Reblogged Nov 9, 2015 at Environmental Economics
I thought they were trick questions.
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I do this to my kids all the time. They will look up from their phone (where I assume they are twitter, or instagram, or snapchat or some porn site) and ask some question like "Who was president in 1952?" "Google was president."
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Professors David Just and Brian Wansink of Cornell's Charles H. Dyson School of Applied Economics and Management, re-examined national data from 2007 to 2008 describing people's food habits based on their body mass index (BMI). They discovered, that for all but the most overweight and underweight individuals, the consumption of... Continue reading
Reblogged Nov 6, 2015 at Environmental Economics
That's why I found the decision odd. We have a relatively attractive climate for faculty. Raises most years over the past decade (I can only think of 2 years when we didn't get raises), a republican state administration that seems to at least respect the University (no blatant attacks on tenure), a University that is investing $400m for the creation of new faculty position (looking to increase faculty numbers by 10%). Of course we have our issues, but right now the faculty environment here is pretty good. Enough of my recruiting pitch.
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We had a job candidate last year turn us down for a job at Wisconsin. No judgement, but not a choice I would've made.
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This is an interesting approach. The damages in this case aren't from climate change itself, but rather the damages associated with giving false (or misleading) information to investors. The Al Capone and tax evasion approach. The New York attorney general has begun an investigation of Exxon Mobil to determine whether... Continue reading
Reblogged Nov 6, 2015 at Environmental Economics
[East Carolina University*]'s chancellor, who is stepping down next summer, just got a 19% pay raise. The UNC Board of Governors gave Steve Ballard, and several other chancellors, pay raises in a controversial move on Friday. The board took the vote behind closed doors and only made the pay raises... Continue reading
Reblogged Nov 3, 2015 at Environmental Economics
Dynamic adjustments could be a useful strategy for mitigating the costs of acute environmental shocks when timing is not a strictly binding constraint. To investigate whether such adjustments could apply to fertility, we estimate the effects of temperature shocks on birth rates in the United States between 1931 and 2010.... Continue reading
Reblogged Nov 3, 2015 at Environmental Economics