It is sometimes claimed that economists have nothing to add to the climate change (formerly known as "global warming") debate. After all, what do they know about climate science? Well, I think I found one position for them: fact checker for the AP and CBS. An AP story, published on CBS News, is titled " Today's Quakes Deadlier Than In Past ." I discovered the story through a link on the Drudge Report, but it is also (at present) the lead story on the CBS SciTech page. I have mocked journalists' publication of scientific studies before, but this one really has to be read to be believed. Reading the article itself should raise some red flags. First is the statement that "The research proves that destructive ability of earthquakes on Earth increases alarmingly fast and that this trend is set to continue, unless the problem of 'global warming' is comprehensively and urgently addressed." Note the use of the word "prove." Is there some direct connection,...
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NYC "Rent Stabilization FAQ" written by someone with job securityFrom: productivityshock.com
Post Date: 2008-04-28 20:30:00
The 'tude is practically dripping off my monitor: Is there a difference between RENT CONTROL and RENT STABILIZATION? Some of the people who email us say "rent controlled" but actually MEAN rent stabilized -- they do not know the difference. Why is it so hard to be accurate? There is a difference between rent control and rent stabilization, as only about 50,000 rent controlled units exist vs. more than one million stabilized units, and rent control has a different set of regula...
more Unfortunately not taken from a macroeconomics lectureFrom: productivityshock.com
Post Date: 2008-04-21 11:19:00
The Big Problem is nothing more or less than the sum total of countless little everyday choices, most of them made by us (consumer spending represents 70 percent of our economy), and most of the rest of them made in the name of our needs and desires and preferences.Michael Pollan, writing in the New York Times Magazine, is regrettably not referring to gas prices or income distribution or any of the other macroeconomic phenomena commonly laid at the feet of some one policy or conspirac...
more Confirmation Bias on Sports AnalogiesFrom: productivityshock.com
Post Date: 2008-04-13 10:28:00
For those familiar with one my minor research areas, this will make perfect sense. Or, at least, my amusement will: Rawls was a big baseball fan [via MR ]....
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