Trickle down economics

Green (Living) Review

economics lies trickle down economics

REEP: "The Need for More (Not Less) External Review of Economic Analysis at the U.S. EPA"

Environmental Economics

Review of Environmental Economics and Policy. Environmental Protection Agency (EPA) has made significant changes to the way it conducts economic analyses of regulatory actions. via the advance articles alert email:  Kevin J Boyle & Matthew J Kotchen.

2019 158

Gamefish economics

Environmental Economics

893, “The 2013 Fisheries Economic Development Act,” is to designate red drum, spotted sea trout and striped bass as coastal gamefish.

Econ 101ism and Environmental Economics

Environmental Economics

I just finished reading a great book that substantially changed how I think about economics - " Economism: Bad Economics and the Rise of Inequality " by James Kwak.    One of the most illuminating points made by Kwak in "Economism" is that, when making arguments appealing to Econ 101ism, the arguers will often claim intellectual superiority by insisting that anyone who disagrees with them only does so because of their ignorance. 

2019 138

New Energy Economics book

Environmental Economics

Energy Economics  By Peter M. From the publisher: Energy Economics outlines the fundamental issues and possible solutions to the challenges of energy production and use, and presents a framework for energy decisions based upon sound economic analysis.

Five myths about economic growth

Green (Living) Review

It’s economic To be economic, something has to be worth more than it costs. Economic activity, per se, is more beneficial than detrimental. Growth was probably economic for much of American history. economic growth economy

Growth 176

eBird Economics: How Much Would You Pay to See Birds?

10,000 Birds

The economic “impact” of a birding festival can be estimated by looking at expenditures of attendees ( e.g., hotel rooms, meals, souvenirs, transportation costs, etc.). Ecological Economics 137 (2017): 1-12. ( Link ; temporary free link.). Birding eBird economics

A new journal: Series of Unsurprising Results in Economics

Environmental Economics

Kelsey Piper at Vox ( This economics journal only publishes results that are no big deal ): Start with the name: Series of Unsurprising Results in Economics (SURE). If SURE works, hopefully it’ll be emulated — economics  isn’t the only field that needs it.

2019 141

Bourbon barrel economics

Environmental Economics

From the inbox: Bourbon Feels the Burn of a Barrel Shortage by: Tripp Mickle May 12, 2015. TOPICS:  Supply and Demand. SUMMARY:  Distilleries are navigating a bourbon-barrel shortage, as increased demand for the drink coincided with reduction of logging of the white oak wood.

The economic value of an economics major.

Environmental Economics

measurement may become more difficult: When  research in 2011  showed that workers in the fields of science, technology, engineering, and mathematics earned a premium of 25 percent over other workers and have just a 5.5-percent unemployment rate, it reinforced strong economic incentives to get more people into those STEM fields. "Why it Pays to Major in Economics." " The Journal of Economic Education 45, no.

Appstate economics propoganda

Environmental Economics

I'm posting this in an effort to get the HRMs at EconJobRumors to think of Appalachian Podunk State as something other than a best redneck  department or a place where the biggest incentive to publish is so you can leave: Appalachian State University’s Department of Economics has one of the world’s top programs in the fields of experimental economics and environmental economics, according to a prestigious worldwide organization that disseminates economics research.

New Edition of David Anderson's Environmental Economics and Natural Resource Management

Environmental Economics

Here is the description: The tools of environmental economics guide policymakers as they weigh development against nature, present against future, and certain benefits against uncertain consequences.

2019 130

New editor at Land Economics

Environmental Economics

Bromley assumed the editorship of  Land Economics  in 1974, the journal had just celebrated fifty years of continuous publication. Bromley is the Anderson-Bascom Professor (Emeritus) of Applied Economics at the University of Wisconsin–Madison and recipient of the 2011  Reimar Lüst Prize  from the Alexander von Humboldt Foundation. Now, forty-four years later, as  Land Economics  approaches its centennial, Bromley will pass the baton to Daniel J.

2018 109

Identity Economics and Environmental Policy

Environmental Economics

I recently got around to reading the 2010 book " Identity Economics: How our Identities Shape our Work, Wages, and Well-Being ," by George Akerlof and Rachel Kranton.    It is a lay summary of some of the work that Akerlof and Kranton have been doing to incorporate identity and social norms into economic modeling of decision-making.    Someone should write a paper, I decided, incorporating identity economics into a model of optimal externality policy.

2018 100

Ten Years of Select Economic Data in Graphs

Environmental Economics

A pet peeve of mine as an economist is giving too much credit to the current quarterback , er.President for [economic] wins and too much blame for [economic] losses. 

2017 207

Top 14 economics journals

Environmental Economics

According to Google Scholar Metrics

Why upcycling must become an economic sector

Green (Living) Review

So why should upcycling become an economic sector then, you may ask, and part, the first part, probably, of the waste management economy. It is for that reason that upcycling must become an economic activity and sector.

EPA: Current environmental economics topics

Environmental Economics

From the EPA's environmental economics webpage : Economic analysis plays a central role in informing EPA decision-making.

Standards vs economic incentives

Environmental Economics

Erik Paul Johnson in Resource and Energy Economics: Renewable portfolio standards (RPSs) have become a popular tool for state governments to promote renewable electricity generation and to decrease carbon dioxide emissions within a state or region.

Fake economic growth

Green (Living) Review

In the economic statistics, however, those cars show up as sales of new vehicles and thus create a fake economic growth and also a fake GDP for the countries where those cars have been made and registered. As it also does not make economic sense this is just weirder than weird.

Growth 173

Does income inequality cause decreased economic growth?

Environmental Economics

' One of Reich's basic premises in Inequality for All is that income inequality causes decreased economic growth.  Rather than read before I go to bed, I have taken to watching Netflix documentaries on the iPad. 

Growth 255

Spot the bad economics

Environmental Economics

Some really bad economics here.but none so egrigious as that at 2:34. See if you can spot the problem.and Peter Schiff sure comes across as a-hole. UPDATE: When I posted this the first time, I admit, didn''t watch all the way to the end. Peter Schiff isn''t an a-hole. He''s a full-fledged d

Environmental economics in the AER

Environmental Economics

"  American Economic Review , 105(2): 678-709. Always a surprise: Currie, Janet, Lucas Davis, Michael Greenstone, and Reed Walker. 2015. "Environmental "Environmental Health Risks and Housing Values: Evidence from 1,600 Toxic Plant Openings and Closings."  DOI:  10.1257/aer.20121656. Abstract. Regulatory oversight of toxic emissions from industrial plants and understanding about these emissions' impacts are in their infancy.

World Cup economics

Environmental Economics

However, analysts warn that the World Cup likely won’t provide any long-term economic stimulus, when the additional revenue won’t reach the levels needed to sway a $2.2 Brazilians aren’t all that impressed with the economic impact of the games, either.

Teaching environmental economics with mini-research projects

Environmental Economics

"  International Review of Economics Education  9, no. My sophomore level environmental and resource econ course has a research component. The students are required to write an abstract suitable for submission to an undergraduate research conference.

2018 141

Economics: The Infallible Science

Environmental Economics

I'm thinking 'we' (in the collective, not me and John*) should start a new blog titled "Virtually Infallible," and post reader-submitted erratum on peer-revied economics journals. 

Some college football economics

Environmental Economics

Sigh: With Kentucky football off to a spirit-crushing 0-2 start, the $12 million contract buyout that it would take to remove Mark Stoops as UK head coach after this season has garnered national focus. Were UK to change its coaching staff following the 2016 season, it could cost far more than $12 million, however. The only thing that would justify paying a coach $12 million — and, potentially a coaching staff almost $18 million — not to work would be a complete competitive collapse.

"Economic Ideas You Should Forget"

Environmental Economics

This is a from a chapter in a book edited by Bruno Frey and David Iselin titled Economic Ideas You Should Forget :  Contingent Valuation, Willingness to Pay, and Willingness to Accept. Victor Ginsburgh. Abstract. Contingent

The "External Environmental Economics Advisory Committee (E-EEAC)"

Environmental Economics

Take that Scott Pruitt:  The External Environmental Economics Advisory Committee (E-EEAC) is an independent organization dedicated to providing up-to-date, non-partisan advice on the state of economic science as it relates to the U.S. The members of the E-EEAC believe that, despite the retirement of the internal committee, advances in economic research remain crucial to achieving welfare-enhancing environmental policies.

2019 100

Tweet from Ninja Economics (@NinjaEconomics)

Environmental Economics

Ninja Economics (@NinjaEconomics). 1/3/15, 5:36 PM. "Twitter "Twitter for Economists" by @JustinWolfers: users.nber.org/~jwolfers/pape…. ASSA2015. Download the official Twitter app here. Sent from my iPhone

Sargassu--A Potential Economic Disaster?

Environmental Economics

No one is sure of the cause--many have been offered: climate change (dang coal), excess nutrients run-off (dang farmers), oil dispersants used for the BP/Deepwater Horizon spill (dang BP)--but one thing is fairly certain: Given the quantities, the unpleasantness and the widespread nature of the problem, prolonged exposure is likely to have significant economic consequences for tourism driven economies in the area.

The Conservative Bias in Economics?

Environmental Economics

Mark Thoma on "the conservative bias in economics": I have a new column: Yes, Nick Kristof, There Is a Conservative Bias in Economics : Nicholas Kristof recent reignited  the debate over liberal bias in academia with his claim that “universities risk becoming liberal echo chambers and hostile environments for conservatives.” What is needed is for public opinion to be tethered to the mainstream of economics

An economic decision

Environmental Economics

Protect nature for world economic security, warns UN biodiversity chief

Green (Living) Review

Ahmed Djoghlaf says nations risk economic collapse and loss of culture if it does not protect the natural world Britain and other countries face a collapse of their economies and loss of culture if they do not protect the environment better, the world's leading champion of nature has warned.

Regression, Economics and Theory-Crafting

Environmental Economics

When you sit down and read your average economics paper you generally know what's coming in terms of statistics.    I'm sure I'll get some comments mentioning Hal Varian's paper on machine learning and economics or Matthew Jackson's work with networks, but these seem to be exceptions rather than a trend.  I apologize ahead of time for the rant that's ahead. 

POTUS rocks climate economics

Environmental Economics

We continue to cover COP21 as passively as humanly possible*. From the inbox: John -- just for fun, you might check out this video of President Obama in Paris talking about market failure, externalities, the commons, and pricing carbon to address market failure (start at 38:30 and watch until about 44:15): https://www.whitehouse.gov/photos-and-video/video/2015/12/01/president-holds-press-conference-paris  :). Damian.

Ranking environmental and resource economics journals

Environmental Economics

I recently considered the problem of how to rank multidisciplinary journals along with economics journals. I downloaded the 2016 SJR data for 23,000+ journals in all disciplines and regressed the impact factor, SJR and h-index on the number of papers published in the past 3 years and whether 'economics' or 'economics and econometrics' was listed in the category column (with controls for journals published in Germany, the Netherlands, UK and US).

2018 100

Environmental Economics: Congratulations Jill!

Environmental Economics

Got a question about environmental economics? Recent Comments John Whitehead on What I did today instead of blogging Rene Salinas on What I did today instead of blogging Timtaylor Home on My name is Kingof Socks Tim Haab on How is economics like Fight Club?

2011 190

A great job opportunity for an undergraduate economics student (deadline May 28)

Environmental Economics

Environmental Protection Agency’s (EPA) Office of Policy (OP)/National Center for Environmental Economics (NCEE), located at EPA Headquarters in Washington, DC. Understanding of benefit-cost or economic impact analyses.

2019 141

The highest paid economics professor?*

Environmental Economics

  *From his bio : Dr. Ramsey is a tenured professor of economics A merit raise of 3% sounds really good to me: James Ramsey, the University of Louisville’s president, got a lot of attention last week for his compensation after The Courier-Journal, in Louisville, reported that he made $1.67 million last year, considerably more than presidents at similar institutions.

"RePEc launches Top 5 Journal in Economics"

Environmental Economics

The RePEc blog: Many academic departments in economics require from their junior faculty to publish in top 5 journals in order to gain tenure or get promotions. Without intervention, economics may get into the situation of choking itself by making it impossible for most department to grant tenure to faculty. Top 5 Journal in Economics. will start today with volume 104 and a special issue on the Economics of Fisheries. Any idiot knows that fisheries economics is a jok

2017 130

Top 100 Economics Blogs of 2018

Environmental Economics

2018 130

"Scott Pruitt is now waging a war on economics"

Environmental Economics

Like Pruitt’s war on science, which culminated in a plan to ignore an entire category of scientific studies when measuring environmental risks, his war on economics could erode regulatory protections. As a former EPA official, I know the critical roles that science and economics play in shaping the agency’s decisions. Even the Trump White House recently  concluded  that the economic benefits of all major regulations were several times higher than the total costs.

2018 147