Academia

Created
Fri, 09/06/2023 - 01:29
I’m off to do a talk to mark World Ocean Day, so this is posted in haste. The ocean needs advocates. It’s our biggest ecosystem, probably our biggest carbon sink, a major source of oxygen. It regulates temperatures, and drives weather patterns. Hundreds of millions of people are nutritionally dependent on fish. But the ocean […]
Created
Sat, 20/05/2023 - 17:14
Kevin Drum points to an obscure, but radical proposal to change the way the US government does benefit cost analysis. The Office of Management and Budget has released draft guidance saying One practical approach to implementing weights that account for diminishing marginal utility uses a constant-elasticity specification to determine the weights for subgroups defined by […]