Trickle down economics

Green (Living) Review

economics lies trickle down economics

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.

2018 130

Trending Sources

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

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.

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

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

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

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.

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

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.

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.

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.

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

Top 14 economics journals

Environmental Economics

According to Google Scholar Metrics

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

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

"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

"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

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.

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.

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

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.

Top 100 Economics Blogs of 2018

Environmental Economics

2018 130

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

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. 

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.

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.

An economic decision

Environmental Economics

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. 

Environmental Economics takes over AEA Executive Committee

Environmental Economics

 *I had the pleasure of being taught Environmental Economics by Maureen during my PhD studies at the University of Maryland.  OK, that's an exaggeration, but at least an environmental economist is an AEA Executive Committee VP candidate.    Congrats Maureen Cropper*!

2018 100

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.

"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

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

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.

Renewable energy will not support economic growth

Green (Living) Review

by Michael Smith (Veshengro) Renewable energy will not and cannot support perpetual economic growth, the way we have been doing it for so long, for too long, in fact.

"The Pattern is Clear": Economic research is being driven out of D.C.

Environmental Economics

Consider: Earlier this year , President Trump proposed significant cuts to the USDA's Economic Research Service--50% cuts in fact: Funding for ERS would be slashed by 50 percent, to $45 million, in part by eliminating "low-priority research" that the administration said was already being done by the private sector or nonprofits. By my count, only three of the 43 current members of the Science Advisory Board have advanced degrees in economics

2018 130

Special Replication Issue of Energy Economics

Environmental Economics

John has posted a couple of times about replication in economics journal articles. Elsevier, who may be taking the lead in encouraging replication , is putting out a special issue on replication in Energy Economics :  In this special issue, we will particularly welcome two types of papers, without excluding other forms of replication (Clemens 2015). Papers eligible for replication include all economics papers with some relation to energy.

2017 133

Why does Economic Inquiry shout their titles?

Environmental Economics

Using cross-sectional and panel data from mathematics and economics, we perform negative binomial, Poisson, and generalized method of moments/instrumental variable methods regressions. For example: Mueller-Langer, F. and Watt, R. 2018), HOW MANY MORE CITES IS A $3,000 OPEN ACCESS FEE BUYING YOU? EMPIRICAL EVIDENCE FROM A NATURAL EXPERIMENT. Econ Inq. doi:10.1111/ecin.12545. Abstract. We analyze the effect of open access (OA) status of journal articles on citations.

2018 109

"The economics of carbon taxes"

Environmental Economics

Roberton Williams of Resources for the Future began by highlighting three advantages that a carbon tax has over outright regulation, while AEI's Aparna Mathur explained the economic reasoning behind a theoretical tax on carbon to correct for externalities of pollution.