The weekly earnings premium (in dollars, not percentages) enjoyed by graduates of professional and PhD programs over graduates with just a Bachelors is now larger than the earnings premium enjoyed by BA recipients over high school graduates. In percentage terms, the graduate degrees enjoy a 45% premium over BA recipients who in turn enjoy a 65% […]
Category Archive for 'Fun Facts'
US CO2 emissions from energy production today are no higher than they were 18 years ago. Adjusting for energy produced and GDP produced we are seeing the beginnings of a decoupling. One would hope this is viewed as good news.
What was the (net) profit margin for Walmart in the most recent quarter for which I can fund data? In other words, for every $100 of goods that Walmart sells, how much profit do they “take home?” My bet is that if you asked a typical person they would think the number would be very […]
Was perusing river volume data the other day and was very well surprised to learn that the Colorado River, perhaps the most important river in the West, does not rank even among the twenty largest American rivers in terms of annual volume flowing through it.
1. “Forest carbon sequestration associated with increased harvests for bioenergy would be offset by new forest growth given sufficient time.” In other words, the amount of carbon dioxide in the atmosphere that matters for climate change is cumulative, so it doesn’t matter whether we sequester (or cut) carbon today versus out in the future. This […]
Of the 37 solar panel producers rated by this index, a Chinese manufacturer rated the cleanest. By the way, I am looking forward to the day when labeling activists demand that solar panels have their carbon emissions, energy and water footprints labeled on them. I read a scientist who indicated that coffee was a natural source of […]
The consolidated financial position of the Federal Reserve system indicates that the Federal Reserve Banks combined have equity of about $57 billion on a balance sheet of $4.5 trillion. That represents a leverage ratio of 78:1.
The annual operating budget of my university is about double the size of the annual operating budget of my county.
He knows a lot more about chemicals than I do … I thought you’d enjoy reading his perusal of what’s in the fracking cocktail. I WILL add that the one that everyone gets worked up about is benzene. I will also add that released methane is not harmful to humans only to global warming. There […]
Since 2006, my nominal wage has fallen by a total of 6.5% or about 0.8% per year compounded. I would note that my compensation has probably remained flat. The average price level has increased by about 18% over this time period. Therefore, my real wage today is about 25% lower than it was in 2006. Without my commentary on […]