While many of you were probably enjoying the last days of the holiday season, this past weekend I and thousands of my fellow economists made our way to Boston for the annual American Economic Association (AEA) meeting. Boring, you say? Not so quick! Among the many yawn-inducing sessions were some engaging, thought-provoking, even radical discussions. In no particular order, here are some themes that caught my attention. Read More
Carbon Pricing, Income Inequality, and Shakespeare: Highlights from the 2015 American Economic Association Meeting
January 7th, 2015
September 17th, 2013
“Don’t put all your eggs in one basket” is a mantra often used by investors who diversify their portfolios to protect against volatility in financial markets. It’s also appropriate for the electricity sector in Ohio, a state that has historically been overdependent on coal and is fast becoming over reliant on both coal and natural gas, leaving consumers vulnerable to volatility in energy markets and many other risks. Renewable energy and energy efficiency can help diversify Ohio’s power mix, and bring safe, clean, reliable, and affordable power to consumers, according to a new UCS report. Why then is the central policy that is successfully supporting these clean energy industries in Ohio under attack? Read More
November 27th, 2012
I remember as a child working furiously with my brother to erect a sand castle fast enough during low tide so we could enjoy it before the high tide began its work of destroying our youthful attempts at engineering. Even as children we had a respect for the power of the ocean. We knew our sand castle was a bit of fantasy that was temporary fun, but I am not so sure we have the same notion when it comes to seawalls or other structures erected along sand, gravel or cobble shorelines. Hurricane Sandy reminds us just how powerful the ocean is and how vulnerable nearly any structure is that we put within its reach. With its reach now expanding, what can be done?