Academia
On the Nature of “Stuff”
In celebrating National Schadenfreude Day yesterday, I could not help noticing Bill O’Reilly’s complex analysis of the election returns: “Voters want things. They want stuff. Who’s going to give them stuff? Obama.” Well. Actually, the government has given the wealthy “stuff” all the time. It gives them a whole plethora of specific tax breaks and credits. …
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CONTINUE READINGHow Did Alaska Avoid the Resource Curse? Can Anyone Else Do So?
Dan made a useful point the other day about the possibility that increased energy production could yield a resource curse, i.e. an increase in unproductive and oligarchical rent-seeking when an economy becomes based upon resource extraction. One might add that this rent-seeking also tends to underdevelop a country’s human capital, as it has in Saudi …
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CONTINUE READINGU.C. Davis Law School’s California Environmental Law & Policy Center Publishes Proposition 37 White Paper
The U.C. Davis School of Law’s California Environmental Law and Policy Center (CELPC) has published a new white paper examining California’s Proposition 37, formally titled “The California Right to Know Genetically Engineered Food Act.” Proposition 37 is an initiative measure that will appear on California’s November 6th general election ballot. The U.C. Davis white paper, …
CONTINUE READINGHow About a Regulatory Action Lab?
I have just finished reading Abhijit Banerjee and Esther Duflo’s excellent and very thoughtful book, Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty. MIT economists Banerjee and Duflo reject broad, sweeping arguments concerning either the necessity for infusions of foreign aid or the futility of such efforts. Instead, they advocate detailed …
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CONTINUE READINGMy 2011 Hamilton Project Paper on U.S Transport Infrastructure Investment
The blogosphere appears to have taken an interest in my 2011 Brookings Institution Hamilton Project paper (joint with David Levinson) focused on improving the rate of return on U.S investment in transportation infrastructure. Here is the Executive Summary: “The roads and bridges that make up our nation’s highway infrastructure are in disrepair as a result …
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CONTINUE READINGYour Legal Planet Weekend Movie: Watch the Greenland Ice Sheet Melt!
Forget the cinema or Netflix. Legal Planet can meet your movie viewing needs. This video highlights research done by Dr. Laurence Smith at the UCLA Department of Geography, who spent the summer on the Greenland ice sheet tracking its melting. Somehow seeing the melting happen from the ground has more of an emotional impact for …
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CONTINUE READINGHow to Interpret Empirical Studies: Four Lessons from Political Polling
Political polls provide a good setting for a discussion of empirical research. They seem simple and are often in the headlines so we’re familiar with them. Also, we don’t always have an accessible compendium of all the studies on the same topic, but it’s pretty easy to find polls in a presidential race during the …
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CONTINUE READINGSilent Spring and Cost/Benefit Analysis
The NY Times has published a book review about Rachel Carson. Here is my favorite part of the review; “As Carson and her publisher expected, the chemical industry pounced on “Silent Spring” — even as it climbed best-seller lists — for overstating the downside and ignoring the upsides of pesticides. (Souder quotes Carson directly defending …
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CONTINUE READINGUncertainty in environmental law
Last week’s New York Times Sunday magazine had two interesting articles that have relevance for environmental law and policy, specifically about how environmental law deals with uncertainty.
CONTINUE READINGThe Simple Economics of Sustainability
I would like to offer a few thoughts about Dan’s recent post where he states; “The economic formulas assume that people want their children and grandchildren to be as well off as they are, no better and no worse. But people actually want the future to be better than the present, and they’re willing to …
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