Weather and economics are similar in that they are difficult to forecast in the near term but the job gets easier the further out you look. For example, we may or may not have a white Christmas, no one knows, but the long term the forecast is warm and warmer.
What is the common ground between the economic prosperity of the Netherlands in the XVII-XVIII centuries, nineteenth century England, twentieth century U.S. and, more recently, countries such as South Korea, Singapore and Israel?
The Pope is to be commended for taking global climate change seriously, and for drawing more world attention to the issue. There is much about the encyclical that is commendable, but where it drifts into matters of public policy, I fear that it is -- unfortunately -- not helpful.
The Luxembourg-based European Investment Bank Institute has announced that Sir Anthony B. Atkinson (Nuffield College, Oxford) will receive the 2015 EIB Outstanding Contribution Award for excellence in economic and social research.
Now is an important moment to think carefully about the path ahead for the much-maligned and much-celebrated IPCC, because in early October of this year, the 195 member countries of the IPCC will meet in plenary in Dubrovnik, Croatia, to elect a new Chair.
Global energy consumption is on a path to grow 30-50 percent over the next 25 years, bringing with it, in many countries, increased local air pollution, greenhouse gas (GHG) emissions, and oil consumption, as well as higher energy prices.
It is ironic, offensive, and sad that anyone would suggest that my support of Harvard's divestment position is somehow tied to my outside engagements. That suggestion -- and the recent threats I have received -- defies logic and is contradicted by the record.
First of all, here's the simplest headline statement: Things improved significantly at the Synthesis Report (SYR) government approval sessions in Copenhagen last week, but in saying this, I am only referring to the material for which I've been responsible. Let me explain.
Polls and surveys show that the middle class has a positive attitude towards profit sharing and the whole idea of employee shares. This evidence is important since the idea of middle class profit shares has been percolating up in policy discussions across the country.
Democrats have not done well at all in telling their story and explaining their policies in a coherent manner. At the same time Republicans have been doing at least as well in addressing their message to the middle class voters.
The word's a dog whistle that releases the hounds, if not the Foxes. And yet, one of my rules of thumb in this work is that when policy does a lot of something and that something cannot be spoken of, we're courting dysfunction and distortion.
Perhaps the disconnect between what the economy seems to be doing and the way people feel about it is that many don't necessarily agree that our economic condition and our overall happiness are the same thing.
It shouldn't be difficult for Democrats to remember what they stand for. These four messages support populist values. They also serve to differentiate the likely Democratic presidential candidate from any Republican.