May 2011

Economic Understanding: “There’s a Lot of Confirmation Bias out There”

Economics, Education / By

Michael Giberson Do liberals or conservatives of libertarians tend to have a better understanding of economics? It is a question that Daniel Klein and Zeljka Buturovic investigated in a pair of papers appearing in Econ Journal Watch (one and two). The first paper appeared to show that a college education didn’t lead to much improvement in economic …

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Study Finds No Groundwater Issues from Gas Well Fracking

5 Comments / Energy markets, Environmental policy, Regulation / By

Michael Giberson The study referred to in the above headline, “Study finds no groundwater issues from gas well fracking,” is the same PNAS study I mentioned last week under the headline, “Study finds methane in Pennsylvania, NY groundwater associated with gas well fracking.” I’m not now suggesting that methane in groundwater isn’t a problem, rather I’m …

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Things That Caught My Eye: Subsidies, Wine, Leds, Dismal Economists

5 Comments / Economics, Food and wine / By

Lynne Kiesling As a coda to Mike’s post yesterday regarding the CRS study of the effects of removing oil subsidies on gasoline prices, here’s Ron Bailey at Reason reminding us that ethanol subsidies are almost triple those to the oil companies, and with little to show either environmentally, economically, or energetically. Courtesy of Dr. Vino, …

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The Uk’s Commitment to Carbon Reductions?

1 Comment / Economics, Environmental policy / By

Lynne Kiesling I’ll be interested to see how the political, economic, and environmental consequences of this weekend’s new carbon approach in the UK unfolds; according to the Guardian (and the too-much BBC that I listen to): Cabinet ministers have agreed a far-reaching, legally binding “green deal” that will commit the UK to two decades of …

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Saturday Was World Fair Trade Day, Help a Coffee Grower by Ignoring “Fair Trade Marketing” and Buying Quality Coffee Instead

1 Comment / Economics / By

Michael Giberson The second Saturday in May has been anointed as “World Fair Trade Day.” If you’re interested in buying fair trade coffee, consider what Lawrence Solomon, owner of the Green Beanery in Toronto, has to say about the fair trade marketing system. (In brief: not a good way to help or even to express care for …

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The Fracking Song: Explainer with Lyrics and Links

2 Comments / Energy markets, Environmental policy, Regulation / By

Michael Giberson NYU journalism students produced “My water’s on fire tonight (The Fracking Song)” as part of a collaboration with ProPublica, a non-profit investigative news program that has been examining natural gas drilling and the environment. [youtube=http://www.youtube.com/watch?feature=player_embedded&v=timfvNgr_Q4?hd=1] ProPublica says a bit about the music video here. Explainer.net, another part of the NYU journalism collaboration with ProPublica, …

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