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Conversable Economist. In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of...
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Technology and Carbon Emissions - Conversable Economist
The policy challenge of climate change is not likely to have a single magic bullet answer, but rather will require a cluster of answers. In addition, it seems extremely unlikely to me that world energ...
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In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.” In Hume’s spirit, I...
Conversableeconomist.com news digest
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1 day
Has Worker Pay Kept Up with Productivity Growth?
You will be astonished, gentle reader, to learn that the question of whether worker pay has kept up with productivity growth turns out to depend on 1) how you measure worker pay; and 2) how you measure productivity growth. Scott Winship considers the...
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3 days
Selling Plasma and Personal Finances
I have pointed out a few times over the years that the US has for many years relied on voluntary donations for blood, but on paid donations for blood plasma (for example, see here, here, and here). One result of these divergent incentives is that while...
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4 days
Development Policies with the Best Benefit-Cost Ratios
In a world with lots of problems and even more proposed policies to address each of these problems, it makes sense to study the possibilities–and then to prioritize policies with highest estimated ratio of benefits to costs. The Copenhagen Consensus...
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8 days
All Three Sides of the Global Energy Challenge
It sometimes feels to me as if issues about energy are all being condensed down into climate change issues. But energy policy debates should have three sides. Michael Greenstone delivered the AEA Distinguished Lecture on “The Economics of the Global...
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