economics
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Economist: We’ll just move to Siberia to escape climate change
Siberia: A perfect place to move after climate change messes up your home.Photo: Sean RouvinskyCross-posted from ThinkProgress Green. The inability of mainstream economists to grapple with the consequences of unrestrained global warming has been a recurring theme at ThinkProgress Green. However, the gold medal for sociopathic insouciance about a world of unimaginable biodiversity collapse, global […]
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Why Miracle on 34th Street delights my cold cynical heart
Miracle on 34th Street is the perfect Christmas movie for those who hate fake sentimentality. It is not that the classic 1947 film lacks schmaltz, but that a sly script hides a sharp edge under every schmear. Most of the plot advances come when characters, good and bad act out of self-interest. Two exceptions are […]
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The problem with renewables and ‘cost parity’
At what point do hamburgers reach cost parity with salad? Assume for a moment that this is a serious question and try to figure out how you’d answer it. What is the relevant metric of comparison? Cost per pound? Cost per calorie? Outside of a few rabid vegans, no one seriously tries to do that […]
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‘The Story of Broke,’ Annie Leonard’s new video
Annie Leonard made a splash with her viral video about our consumerist society, “The Story of Stuff,” which inspired a book, an in-depth website, and a series of spinoffs. Her latest installment in the series is “The Story of Broke” — watch it here: The video in a nutshell: The Story of Broke: Why there’s […]
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Fact check: Keystone XL tar-sands pipeline will not create jobs
Cross-posted from ThinkProgress Green. Proponents of the dangerous Keystone XL project claim that construction of the 1,700-mile tar-sands pipeline from Canada to Texas will create tens of thousands, if not hundreds of thousands, of much-needed jobs across the country. “Jobs for the 99%!” proclaims a website funded by the American Petroleum Institute (API). The Wall […]
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Conservatives want to end support for America's fastest growing industry
In these grim economic times, one U.S. industry has defied gravity. It employs 100,000 Americans at 5,000 mostly small businesses in all 50 states. And it's wildly popular with the American public -- but not with Republicans in Congress.
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What the Nobel Prize tells us about oil
The Nobel Prize in economics was awarded for work on cause and effect, highlighting the difficulty of understanding how oil prices affect the economy.
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Yes, EPA regs will cost jobs: heavily subsidized, value-destroying jobs
The latest line of attack from the dirty-energy caucus has been that "54,000 direct jobs" will be lost if, as expected, new EPA regulations lead to the shuttering of around 20 percent of the U.S. coal-power fleet. The key thing to remember is that these are some of the most heavily subsidized jobs in the U.S. economy.
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Coal is the enemy of the human race, mainstream economics edition
Coal-fired power is a gigantic, blood-sucking parasite that's enriching a few executives and shareholders at the public's expense, a new report suggests.