Which Country Are International Airports In?
28 Jan 2022 Leave a comment
in economics of crime, International law, law and economics, transport economics
Is Market Failure an argument against government? – David Friedman
28 Jan 2022 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, David Friedman, economic history, economics of crime, economics of information, economics of regulation, energy economics, environmental economics, history of economic thought, industrial organisation, labour economics, labour supply, law and economics, liberalism, libertarianism, property rights Tags: market failure
Robert Lucas: Labor Reform and Crisis Recovery
28 Jan 2022 Leave a comment
in applied price theory, applied welfare economics, business cycles, comparative institutional analysis, econometerics, economic growth, economic history, economics of regulation, labour economics, labour supply, macroeconomics, Robert E. Lucas Tags: employment law
Most People I Know Think That I’m Crazy – Billy Thorpe and the Aztecs
27 Jan 2022 Leave a comment
in Music
The Era of Cheap Renewables Grinds To A Halt
27 Jan 2022 Leave a comment
Digging for cobalt [image credit: mining.com]
When was that, you may ask. Anyway, whoever thinks there was such a time is about to find out it’s becoming a memory only, according to this article. For one thing, the required mining has been exposed as lacking investor appeal due to its environmental footprint, so to speak. Also, demand is likely to accelerate and the mining industry could well struggle to keep pace.
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Supply chain disruptions, rising raw materials costs, and geopolitical tensions have jolted the price of solar panels, wind turbines, and EV batteries, and some analysts now think that the era of cheap renewable energy is over, says OilPrice.com.
The continual decline in production cost for wind, solar, and EV batteries was touted as the driver of their growing adoption and ultimate takeover of the global grid.
Up until two years ago, there was no other…
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Mercedes owner ‘horrified’ new battery will cost him £15,000 – more than the car is worth
27 Jan 2022 Leave a comment
Is the Labor Market Back?
27 Jan 2022 Leave a comment
Last month I asked if travel was back. Air travel has recovered a lot from the depths of the pandemic, but it was still only about 80-85% of pre-pandemic levels.
Labor markets also plummeted during the worst of the pandemic, and have slowly (and sometimes quickly) clawing their way back. But are we back to pre-pandemic levels?
The national unemployment rate is now under 4%, a level which is rarely reached even in the best of times. But there is considerable variation across states.
The latest BLS release of state unemployment data shows that some states are at their historic lows, with one state standing out: Nebraska currently has the lowest unemployment rate a state has ever recorded at 1.7% in December 2021 (the data go back to 1976). Utah is also just below 2% in December — at 1.9% it’s the 2nd lowest in history (after Nebraska, of…
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