Nature Climate Change‘s most recent issue included a paper by Kevin Anderson and Alice Bows entitled, “A new paradigm for climate change” [subs. req'd]. Kevin works at the Tyndall Centre for Climate Change Research, School of Mechanical Civil and Aerospace Engineering and Alice works at the Sustainable Consumption Institute, School of Mechanical Civil and Aerospace Engineering, University of Manchester. The discussion and arguments in the paper aren’t exactly novel if you’ve paid attention to the policy side of the climate change topic but bears examination as much as other works on the climate-policy interface, in which I am very interested.
|By: danps Saturday July 21, 2012 11:30 am|
I attended a local government meeting earlier this month in order to keep up with the latest on fracking in our town. Something else interesting happened as well. The meeting began with a budget review. Budget reviews are long and drawn out affairs even when they’re not, if you know what I mean. Fifteen minutes of going through line items, projected numbers, shortfalls, and so on can seem very long indeed if you aren’t turned on by bookkeeping.
That’s a shame, because those kinds of dry, eye glazing exercises are where the real action is at from a policy perspective.
|By: Dean Baker Wednesday June 6, 2012 9:00 am|
David Brooks is again prominently displaying his misunderstanding of economics in the New York Times, first by claiming that borrowing today is impoverishing our future. Elementary economics shows the opposite is true.
|By: Knut Saturday May 19, 2012 1:59 pm|
It is an honor and a pleasure to have Paul Krugman at the Lake this afternoon for a conversation on End This Depression Now! Dedicated “To the unemployed, who deserve better,” the book is a condemnation of the policies and mind-set that have produced the worst economic depression since the 1930s. And unlike the Great Depression, which contemporaries did not understand, we know what to do; the current depression is entirely self-inflicted. The broken homes and ruined lives are not attributable to acts of God or the inscrutable logic of the market, but are the direct consequence of public decisions that have amplified the inherent risk of private credit by deregulating financial operations and the attempt to balance the budget when aggregate private demand is collapsing. The central message is that none of this suffering is necessary, and none of it is justified.
|By: Scarecrow Thursday April 26, 2012 2:40 pm|
The Republican Party is fond of telling voters that their goal is to expand the economic pie, and as the size of the pie grows, there will be more for everyone, no redistribution required. But when you get down to their actual policies, there are two standards for how this pie is shared: one for the rich, and a very different standard for everyone else.
|By: Max Fraad Wolff Saturday April 7, 2012 1:59 pm|
James Galbraith’s Inequality and Instability updates and motivates two intertwined and core issues facing the world today. Professor Galbraith takes on the macroeconomy, economics profession, and the structural trends in the world economy.
|By: Paul Davidson Sunday March 11, 2012 1:59 pm|
Nicholas Wapshott’s book, Keynes Hayek: The Clash that Defined Modern Economics, attempts to explain the debate that began in the 1930s between two great economists– John Maynard Keynes and Friedrich Hayek– regarding the cause of the Great Depression and the implication of possible cures.
|By: SouthernDragon Wednesday December 28, 2011 4:45 am|
A variety of links to articles/interviews on current topics that may, or may not, be of interest.
|By: SouthernDragon Tuesday November 29, 2011 4:45 am|
A variety of links to articles and interviews on current topics that may, or may not, be of interest.
|By: Scarecrow Saturday July 23, 2011 4:00 pm|
On several occasions after the Great Depression began, President Hoover admonished the public and those demanding the government provide economic relief that the nation had run out of money and that it would be irresponsible to borrow and engage in profligate spending. Over 80 years later, we are hearing virtually the same economic gibberish from President Obama.