Economics

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Manufacturing and the Limits of Comparative Advantage

Ralph Gomory | Posted 08.08.2009 | Business

Vague talk about future innovations, a post-industrial society, or an explosion of services exports is not the stuff on which to bet the prosperity of a nation.

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HealthCareLess

Paula Gordon | Posted 08.07.2009 | Politics

Read More: Sickness, Congress, Human Rights, Public Option, Insurance, Economics, Insurers, Health, Living, Sick, Health Care, Life, Politics News

I want the same health care that members of Congress get... at a much lower cost.

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Why We Overestimate the Costs of Tackling Climate Change

David Roberts | Posted 07.30.2009 | Green

Read More: Costs, Ryan Avent, Economics, Jim Manzi, Brad Plumer, Climate Change, Aces, Waxman-Markey, Projections, Waxman-Markey Bill, Macroeconomics, Green News

Do you believe the American people can figure out innovative, profitable ways to transition to clean energy if they put their shoulders to it?

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Climate Legislation: Countdown to the House Showdown

Bill Chameides | Posted 07.27.2009 | Green

Read More: Politics, Cap and Trade, Economics, Climate Change, Carbon Dioxide Emissions, Waxman-Markey Climate Bill, Policy, Legislation, Global Warming, American Clean Energy and Security Act, Green News

wo recent polls show that a large majority of Americans want the United States to regulate greenhouse gas emissions. Today the U.S. House of Representatives just might deliver.

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Cap and Trade Part 5: What's With the Add-Ons?

Bill Chameides | Posted 07.25.2009 | Green

Read More: Cap and Trade, Economics, Carbon Dioxide Emissions, Greenhouse Gas Emissions, Washington Post, Policy, Waxman-Markey Climate Bill, Legislation, Green News

The Waxman-Markey climate bill is attracting a lot of criticism aimed at the non-cap-and-trade add-ons, which begs the question: are they really necessary?

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No Wonder It Hurts So Much

Chip Conley | Posted 07.23.2009 | Business

Read More: Stanford, Economics, Business, Business News

The world is chaotic and unfair. And, certainly, it isn't controllable. One thing you can control is your definition of your scorecard.

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This is the Second Supply-Side Disaster: The First One Was 1990

Andrew Reinbach | Posted 07.22.2009 | Business

Read More: Bill Clinton, Economics, George H.W. Bush, George W. Bush, Supply-Side Economics, Republicans, Market Collapse, Bank Bailout, Business News

It's now almost impossible to defend supply-side's deep tax cuts and minimal regulation, the result being that Republicans are without much belief system.

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This Is Your Brain On Wall Street

N. E. Marsden | Posted 07.20.2009 | Business

Read More: Investments, Neuroscience, Wall Street, Economics, Brain, Neurofinance, Money, Stock Market, Economy, Neuroeconomics, Risk, Investors, Bubble, Business News

Pioneers in the field of neurofinance are searching for the right neurococktail of emotion and logic for today's fast-paced electronic marketplace.

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Worried About International Competitiveness? Another Look at the Waxman-Markey Cap-and-Trade Proposal

Robert Stavins | Posted 07.20.2009 | Green

Read More: Environment, Cap and Trade, Economics, Energy Policy, Global Climate Change, Green News

Like any legislation, the Waxman-Markey bill has its share of flaws. But without evidence of serious action by the U.S., there will be no meaningful international agreement.

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Cap and Trade Part 4: Forests, Farms, and Offsets

Bill Chameides | Posted 07.18.2009 | Green

Read More: Carbon, Offsets, Cap and Trade, Economics, Climate, Climate Change, Agriculture, Carbon Dioxide Emissions, Ecosystems, Greenhouse Gas Emissions, Forests, Global Warming, Green News

Many people have a hard time accepting that one can emit CO2 from a power plant in Ohio and offset those emissions by capturing methane on a North Carolina hog farm.

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The Academic Man's Burden

Jaime Pozuelo-Monfort | Posted 10.04.2009 | Politics

Read More: Poverty, Africa, Jeffrey Sachs, Business School, Marshall Plan, Bill Easterly, Economics, Economy, Subsaharan Africa, Bretton Woods, Paul Collier, United Nations, League of Nations, Academia, Politics News

Academics are laggards, eternal followers that lack the ability to innovate and continue to inhabit a world of quantitative models oftentimes not descriptive of today's reality.

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Cap and Trade Part 2: Walking the International Tightrope

Bill Chameides | Posted 07.11.2009 | Green

Read More: Thomas Friedman, Cap and Trade, Global Economy, Economics, Economy, Carbon Dioxide Emissions, United States, Policy, China, Waxman-Markey Climate Bill, Legislation, Politics, U.S. Congress, Climate Change, Paul Krugman, Greenhouse Gas Emissions, Global Warming, Green News

Any international climate treaty that omits an eventual cap on China's emissions will be a treaty that fails to prevent dangerous anthropogenic interference on the climate.

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Sachsterly

Jaime Pozuelo-Monfort | Posted 10.04.2009 | World

Read More: Jeffrey Sachs, Poverty, Economics, John Maynard Keynes, Marshall Plan, Microfinance, Bill Easterly, Global Poverty, Dambisa Moyo, World News

The rescue of the bottom billion is only a reality if Mr. Sachs and Mr. Easterly put their outstanding intellectual skills to work instead of trying to win a debate that academics will perpetuate so long as they exist.

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Time for a Green Clawback

Bob Giloth | Posted 07.04.2009 | Green

Read More: Job Training, Green Jobs, Unemployment, Economics, Jobs, Green, Green Collar Economy, Economy, Green News

"Additionally, the Secretaries of Energy, Education, and Labor announced collaboration to make it a major priority to institutionalize cross-agency co...

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Back to Sachs: Astrology, Despotism, and Africa

William Easterly | Posted 07.03.2009 | World

Read More: Corruption, Jeffrey Sachs, Geography, Poverty, Economics, Health, Africa, Democracy, Bill Easterly, Fighting Malaria, World News

Calling 63 countries "potentially well governed" is like saying Paris Hilton is potentially a virgin; ignoring bad government is a formula for the same kind of bad aid policy that produced decades of failure.

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No Need to Oversimplify Poverty

Jeffrey Sachs | Posted 07.02.2009 | World

Read More: Poverty, Geography, Economics, Bill Easterly, Paul Collier, Africa, Corruption, Adam Smith, World News

Sub-Saharan Africa faces a constellation of special challenges, with greater or lesser impact in different parts of the region. These challenges should be addressed forthrightly and in an integrated manner.

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Indiana Governor: Cap and Trade Unfair to Hoosiers. Really?

Bill Chameides | Posted 06.18.2009 | Green

Read More: Mitch Daniels, Cap and Trade, Waxman-Markey, Economics, Climate Change, Global Warming, Indiana, American Clean Energy and Security Act, Green News

Daniels's argument about cap-and-trade dollars going to social programs that would harm Indiana's economy is specious.

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Must-Read Study: "The Media's Decision to Play the Stenographer Helped Opponents of Climate Action Stifle Progress"

Joseph Romm | Posted 06.08.2009 | Green

Read More: Media, Economics, Global Warming, Green News

One of the country's leading journalists has written a searing critique of the media's coverage of global warming, especially climate economics.

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Three Cheers for Robert E Rubin

Norman Horowitz | Posted 06.07.2009 | Politics

Read More: Rhodes College Seidman Award in Economics., Robert E. Rubin, Dwight Eisenhower, Wall Street, Economics, Citigroup, Secretary of Treasury, Politics News

As an Electrical Engineer who has functioned in the business of Television for almost 50 years, it surprises most people that I have been fascinated b...

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Does Bad Economic News Equal Good News For Women?

Claire Shipman and Katty Kay | Posted 06.06.2009 | Living

Read More: Womenomics, Economics, Women's Issues, Economic Recession, Living News

It does. And we call this shift Womenomics: the emergence of a new workforce dynamic that is giving women the power to tailor their work lives to better suit their needs.

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Jack Kemp: Bleeding-Heart Conservative

Jim Wallis | Posted 06.05.2009 | Politics

Read More: President, Leadership, Football, Children, Economics, Washington, Common Ground, Conservatism, Congress, Legacy, Black, Bleeding Heart, Republican Jack Kemp, Compassion, Civil Rights, Republican, Conservative, Racism, White, Housing Projects, Housing, Bill Bradley, Political Leader, Development, Poverty, Housing and Urban Development, Partisan, African Americans, Politics News

Kemp was a fervent believer in "supply side economics," which I just as fervently oppose. But you do not have to agree with all of Jack Kemp's economic policies to be impressed and inspired with his life and leadership.

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Neurofinance: Gaming the Human Brain?

N. E. Marsden | Posted 05.04.2009 | Business

Wall Street has come up with a new twist on "insider trading": brain science. Neuroeconomics and Neurofinance give new meaning to the term "Pandora's Box."

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Energy Efficiency vs. Neoliberal Economics

David Roberts | Posted 06.04.2009 | Green

Read More: Energy Efficiency, Economics, Environment, Resources, Energy, Environmentalism, Green News

We have a problem -- the deterioration of the atmosphere -- that presents us with great urgency, and a solution -- resource intelligence -- that requires our active intervention.

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PhD Economists: 0% Unemployment Rate

Carpe Diem | Mark J. Perry | Posted 06.01.2009 | Business

Read More: Academia, Economics, Phd Economics, Economics Phd, Academia Economics, Business News

Economics has long been called the dismal science. The general economic outlook today is indeed dismal, but that doesn't mean job prospects in the fie...

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