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Category Archive for 'Economics 238W'

I will refer you later to a much larger work I’ve put together on “everything you need to know about the economics of climate change” … and among the key uncertainties are: What is the equilibrium climate sensitivity (i.e. long-term feedback)? There is zero consensus on this. (“feedback”) What is an appropriate way to count […]

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George Stigler, I think, once quipped, "If you never missed a flight in your life, you've spent too much time in an airport." While there is much wisdom in this observation, I would recommend not taking it too seriously. We like to get to airports early so that we do not miss our flights. There […]

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