Don’t Assume Global Warming Blunts Economic Growth
26 Jun 2021 Leave a comment
In recent years, a strand of economic literature has argued that warming
not only negatively affects the level of economic activity,
but also the rate of income growth. PHOTO BY BLOOMBERG
Ross McKitrick explains in his Financial Post article Why climate change won’t hurt growth. Excerpts in italics with my bolds.
There is no robust evidence that even the worst-case warming scenarios would cause overall economic losses
It has long been observed that global poverty tends to be concentrated in hot, tropical regions. But persistent poverty in African and South American countries has political and historical roots, especially their embrace of Soviet-backed communism in the 20th century. In places where economic reforms were adopted, like South Asia, growth took off and they quickly converged with the West, despite having tropical climates. So the connection to climate may be coincidental.
But in recent years, a strand of economic literature…
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Book Review: “How to Survive in Medieval England” by Toni Mount
26 Jun 2021 Leave a comment
Have you ever wondered what it would be like if you were able to travel back in time to the medieval ages and had to start your life all over again? Could you make the transition from the 21st century to the medieval period with no electronic technology and different customs? What would you wear? How would you get around with no cars and horses being very expensive? Where would you live? What job would you have? These questions and quandaries are answered in the latest nonfiction book by Toni Mount aptly entitled, “How to Survive in Medieval England”.
I would like to thank Pen and Sword Books and Net Galley for sending me a copy of this book. I have found time travel books really interesting in the past few years, so I was intrigued when I heard about this title.
Mount has created a fun and creative guide…
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Sargent on fiscal stimulus
26 Jun 2021 Leave a comment
in budget deficits, business cycles, econometerics, economic growth, economics of bureaucracy, fiscal policy, global financial crisis (GFC), great depression, great recession, macroeconomics, monetary economics, Public Choice Tags: Keynesian macroeconomics, multiplier, New Keynesian macroeconomics
Luke Froeb The One Lesson of Business
26 Jun 2021 Leave a comment
in applied price theory, entrepreneurship, industrial organisation, managerial economics, market efficiency, organisational economics, personnel economics, survivor principle
Could This Plane Save The World? (Hint: No.) | Answers With Joe
26 Jun 2021 Leave a comment
in economics of regulation, energy economics, environmental economics, global warming, transport economics
THE UNTOLD STORY OF THE SECRET MISSION TO SEIZE NAZI MAP DATA
26 Jun 2021 Leave a comment
in war and peace Tags: maps, World War II
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