Archive for July, 2009

Global Warming Should Be a State of Concern

I keep trying to think of ways to get Republicans concerned about climate change. I frequently push the idea that the GOP should support a carbon tax as a free market solution, in order to pull lefties away from “command and control” regulatory policies. The problem with this is that Republicans don’t care about free […]

The Alternative

Since, I’ve done some complaining about the foolishness of spending $4 billion to widen an exurban highway, I should link to this — here‘s what else that money could buy.

Kenneth Arrow on Climate Change

Interesting stuff: But with climate change there is an awful lot at stake! And the time horizon is long, and you have the risk of these incredibly high cost but low probability events… Well, the least that can occur still looks pretty bad, and I don’t want to overdo the uncertainty question. I think that, […]

The Colonial District

City leaders are wrestling with a budget shortfall, just like everyone else in the country, and are wary of raising taxes because the city already has a reputation for being a high-tax area. While I will observe that David Alpert is right, and there are many good opportunities to raise revenue by pricing negative externalities […]

No More Lanes

Very nice to see the Sun pointing out that it’s very stupid to spend $4 billion to increase congestion, emissions, and auto-dependency generally. This really is one of the stupidest projects I’ve seen in a while, and I’m kind of surprised that Montgomery County’s planners are backing it. Two other points. The Sun says: But […]

Rogue States

I don’t think that global warming would actually be that great for Russia, but I can understand why others would. Warmer temperatures make much of the country much more habitable, open up the massive northern coast, and in the mean time you don’t have to worry about burning your immense fossil fuel resources. On the […]

Oil Drag

Forecasters tracking energy markets are predicting that global oil demand will rise once more in 2010 after falling sharply in late 2008 and 2009. Demand is anticipated to move back above 85 million barrels per day next year, which is roughly the upper limit on global oil production. Non-OPEC producers can supply about 50 million […]

Lousy Blogging

I recently knocked Greg Mankiw thusly: Basically, Greg Mankiw is just about the least interesting economics blogger out there. I always know where he’s going to come down on an issue, and I never learn anything from his explanations of why he winds up at that position. He seems to care more about getting it […]

Economists, and Ideal Policies

Commenter JTapp offers a defense of Greg Mankiw that I’ve heard a lot recently: I was simply pointing out that Mankiw always argues for the optimal, which a lot of economists including Brad Delong (see his recent post here, scroll to bottom about the Samwickian fallacy) think is the role of economists. They argue for […]

Gas and the Suburbs

This piece popped up in my RSS reader as being recommended by Reihan Salam, and I figure it’s worth a few comments. It’s basically a discussion of a book (which I haven’t read) on how the world may look with steadily rising oil prices. So, first of all, there’s this: In Chapter $8 he foresees […]