Dr. Ehrlich, Call Your Office

Michael Giberson I ended my semester in “Energy and Environmental Economics” talking about resource optimism and resource pessimism, framed mostly as a big picture debate between Julian Simon and others against Paul Ehrlich and Neo-Malthusians. Simon reports being puzzled at how folks could look at data showing human health and well-being getting better and better … More Dr. Ehrlich, Call Your Office

Landsburg on Pigou and Coase

Lynne Kiesling I appreciate this post from Steve Landsburg on Pigouvian models, Coasian models, and policies addressing external costs (and the comments are valuable too). The foil for his post is an Elizabeth Kolbert New Yorker column, in which she uses two examples to illustrate her argument in favor of a Pigouvian carbon tax — … More Landsburg on Pigou and Coase

Deck the Halls with Macro Follies!

Lynne Kiesling For your holiday enjoyment, from John Papola and EconStories, Deck the Halls with Macro Follies! John’s wry video does a great job of laying out the macroeconomic debate over the drivers of economic well-being — is Malthusian/Keynesian aggregate demand stimulus to overcome a general glut effective, or is saving to invest in capital … More Deck the Halls with Macro Follies!