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This academic quarter has flown by. Neither the upset UC students nor office hours have been able to slow down time. Everyone knows that time is passing too quick but nobody is taking action to fight this. The New York Times is shocked that James Spader will turn 50 this year . Relative to ...
Environment
This NY Times piece has some interesting ideas. Environmental scholars have wondered about the quality of the aggregate carbon dioxide statistics that China generates. Do we really know how many tons of carbon this big nation produces each year? In terms of data quality, is this the tip of the ...
Environment
China
This NY Times editorial below surprises me. Could the Smart Obama Team really be this bad at basic game theory? I thought that during the Cold War that RAND was paid big bucks for teaching the government strategy lessons in dealing with the Soviet Union. I guess that the stock of Government ...
Environment
Israel
Honduras
I agree with Nat Keohane's main claim here . I read this as a "Field of Dreams" domino effect. If we build it, they (i.e China, India) will follow. The specific details don't really matter. Leadership is leadership. We are trying to shift a perception that the U.S is a free rider and that it is ...
Environment
China
I am happy to hear that China has pledged to reduce its carbon intensity by 40% by 2020 but does this guarantee a smaller global carbon footprint? Recall that carbon intensity = tons of CO2/GNP. China's economy has been growing by 8% per year. Make the big assumption that this average growth ...
Environment
China
New York
CO2
George Will
Okay, I'll cry uncle. The Keynesian Multiplier of this government spending is very large. My Dynamic Stochastic GE Model concludes that for every $ that the Department of Energy gives to Los Angeles we generate $3112 of new output and intellectual capital. If you want documentation for how my ...
Environment
Energy Efficiency
Next week there will be a very interesting energy conference at UC Berkeley. I don't like to travel far from Los Angeles but this is worth the effort. These are very exciting days to study empirical energy questions here in California. When I taught in Boston, I was frustrated by the local ...
Environment
Green Grid
California
Bloggers are supposed to provide useful links. Each Thanksgiving, I think about the life of the turkey. This website answered many of my questions about the typical turkey's Biography . Switching subjects and returning to issues that I actually know something about: I have a deep interest in ...
Environment
Green Grid
Apparently, it is not hard to get into Harvard. Ask these Rats. They clearly were excited about the opportunity to be research subjects in the new Allston labs and came up from below ground to volunteer to be part of randomized trials. They were "rewarded" for their altruism with sharp ...
Environment
Green Grid
Here's a new criteria for ranking research universities; who on your faculty has thought about the broad issue of climate change? Permit UCLA to put its cards on the table.
Environment
Climate Change
The Young Men (could any women be writing this stuff?) at www.econjobrumors.com are very funny. Dora and I greatly appreciate their cumulative wisdom. I wish that I had the time and the anger to join them because I could certainly top their remarks but I've reached an age where I'm supposed to ...
Environment
The New York Times has a front page article today bemoaning that NYC has an old sewer system that overloads on rainy days. Late in the article, the piece claims that the City has relied on gravity (taking sewage downhill to the treatment facilities) rather than investing in costly infrastructure ...
Environment
For academic economists, there are certain seasons. In early October, we wonder if we will win the Nobel Prize this year. In early November, we wonder whether there are any interesting job market candidates and we click around the various leading departments to see who are the new Ph.Ds being ...
Environment
In 1988, I thought that the Brock-Mirman one sector Growth Model was nasty stuff but now look at Exhibit A and Exhibit B . Progress not regress. I will let you decide if this elegant model resembles the modern economy. Do you see Google within it? Do you see skill formation? Do you see Diet ...
Environment
My neighbor , Candy Spelling, is showing confidence in local housing prices. As a patriotic American, she has not lowered the asking price of $150 million for this Little Holmby House: I play golf on the golf course just out of sight on the south west part of the picture. This charming course ...
Environment
Parents understand backwards induction. We believe that if our child can attend an elite university that this will build his/her human capital, social networks and resume. The fancy university bumper sticker on your car will signal that this kid should and will be part of the meritocratic elite ...
Environment
David Brooks
If you had to bet, will China or the USA move first and make a credible commitment to reduce its greenhouse gas emissions? Are there any benefits to being the first mover? Today, the New York Times explains why South Korea has been willing to unilaterally show some leadership on carbon ...
Environment
China
New York
I know how to conduct a cost/benefit analysis. I gain nothing from the Santa Monica Airport and this UCLA research documents the ambient air pollution costs. I can personally vouch that this airport's planes are noisy. Add the social costs of noise pollution + social costs of the air pollution ...
Environment
This blog post on incentives for improving home energy efficiency caught my eye. "HOME STAR would reimburse homeowners for a range of residential energy upgrades including air sealing, insulation, new light bulbs and household appliances. Homeowners would be eligible to receive up to $2,000 ...
Environment
The New York Times is in deep thought about improving U.S buildings' energy efficiency. Here is Exhibit A and Here is exhibit B . I certainly agree that buildings are major consumers of electricity and I agree that older buildings that were built before more stringent building codes were ...
