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Daily Archive for July 22nd, 2011

A Peek at the UNEP Report

Here is perhaps my favorite line from the previously linked United Nations Environment Program Green Jobs Report” Bicycles and modern bicycle rickshaws offer a sustainable alternative and create employment in manufacturing and transportation services. Here is a modern bicycle rickshaw. Here is a funny Seinfeld episode. Here is a fish cupcake.

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At What Cost?

Since its inception, the Department of Homeland Security has spent (directly) about $368 billion dollars. These are nominal dollars. If I apply a 3% discount rate to those historical values, that gets us to over $400 billion in 2010 dollars (I exclude the 2011 figures). Has it been worth it? A standard tool in economics […]

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