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Daily Archive for October 29th, 2014

Economic Climate Sensitivity

Posted in Environment on Oct 29th, 2014

World GDP was roughly $3.5 trillion (in today’s dollars, Maddison’s data is 1990 dollars) when global warming “started.” World GDP is on the order of $80 trillion today. CO2 concentrations were roughly 280 ppm at the “start” of global warming. CO2 concentrations are roughly 400 ppm today. What is the CO2 elasticity of “demand” with […]

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End Nonprofits

Posted in Taxation on Oct 29th, 2014

We read in the news recently that the Crimson Tide Foundation has paid off the rest of head football coach Nick Saban’s $3.1 million home. If there is ever “evidence” that the entire notion of an entity deserving “non-profit” status has gone off the rails, this is it. Presumably organizations are granted non-profit status because they […]

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