A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

Pessimism overrules logic on our macroeconomic future & this imperils us all

I posted this on FaceBook on 27th August, 2015 but current events in world equity markets invite a repost and some further comments. Quote:

“There is hysteria over the alleged “China slowdown”. 7% growth in an economy that has been growing at 8-10% for a decade is substantial growth.

Do the arithmetic.

Incomes of 100 […]

Book review of “climate Shock”

Draft of a book review of Gernot Wagner & Martin L. Weitzman, Climate Shock: The economic Consequences of a Hotter Planet, Princeton University Press, Princeton, 2015. Comments very welcome.

This is a brief, non-technical and rather witty introduction to the economic implications of global warming. It will be easy reading for resource economists but […]