452 Matching Annotations
  1. Oct 2020
  2. Sep 2020
  3. Aug 2020
    1. moving from emissions to concentrations in the context of forecasting long-term economic growth, the likelihood that CO2 concentrations will exceed those assumed in RCP8.5 by 2100 is at least 35%

      This means that the CO2 emissions caused by use of fossile fuels should be understood as a component of all emissions caused by continued economic growth.

    1. Altig, D., Baker, S. R., Barrero, J. M., Bloom, N., Bunn, P., Chen, S., Davis, S. J., Leather, J., Meyer, B. H., Mihaylov, E., Mizen, P., Parker, N. B., Renault, T., Smietanka, P., & Thwaites, G. (2020). Economic Uncertainty Before and During the COVID-19 Pandemic (Working Paper No. 27418; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27418

  4. Jul 2020
  5. Jun 2020
    1. McBride, O., Murphy, J., Shevlin, M., Gibson Miller, J., Hartman, T. K., Hyland, P., Levita, L., Mason, L., Martinez, A. P., McKay, R., Stocks, T. V. A., bennett, kate m, Vallières, F., Karatzias, T., Valiente, C., Vazquez, C., & Bentall, R. (2020). An overview of the context, design and conduct of the first two waves of the COVID-19 Psychological Research Consortium (C19PRC) Study [Preprint]. PsyArXiv. https://doi.org/10.31234/osf.io/z3q5p

    1. Guan, D., Wang, D., Hallegatte, S., Davis, S. J., Huo, J., Li, S., Bai, Y., Lei, T., Xue, Q., Coffman, D., Cheng, D., Chen, P., Liang, X., Xu, B., Lu, X., Wang, S., Hubacek, K., & Gong, P. (2020). Global supply-chain effects of COVID-19 control measures. Nature Human Behaviour, 1–11. https://doi.org/10.1038/s41562-020-0896-8

  6. May 2020
  7. Apr 2020
  8. Feb 2020
    1. Robinson Crusoe’s experiences are a favourite theme with political economists

      Marx refers to the thought experiment, common in economics, which is sometimes called Robinson Crusoe economics.

      Doing "Robinson Crusoe economics" consists in imagining what can be learned, if anything, from a one agent economy that will provide insight into a real world economy with lots of agents.

    2. According to Eschwege, the total produce of the Brazilian diamond mines for the eighty years, ending in 1823, had not realised the price of one-and-a-half years’ average produce of the sugar and coffee plantations of the same country, although the diamonds cost much more labour, and therefore represented more value.

      Diamonds were first discovered in Brazil in 1729 near the city of Belo Horizonte. This started a diamond rush and a period of feverish migration of workers.

      Major diamond rushes also took place in the late 19th and early 20th centuries in South Africa and South-West Africa.

      Diamond rushes, like gold rushes or other types of rushes, are for Marx economic bubbles or asset bubbles (sometimes referred to today as speculative bubbles, market bubbles, price bubbles, financial bubbles, speculative manias, or balloons).

  9. Jan 2020
  10. Dec 2019
    1. should reject the influence of both liberal capitalism and communism, ideas that inspired the revolutionary slogan "Neither East, nor West – Islamic Republic!"

      In a post cold-war world, viewed in increasing binaries of left and right winds be it social liberal - conservative or socialist-capitalist tendancies, it seems incomprehensible as to how one can reject both USA's and Soviet's socio-economic models. I'm curious to know how they organize their economy in this case.

      One part why the western world hates the Islamic revolution might be their lack of understanding about this exact phrase, other than the fact that Iran became a theocracy.

  11. Oct 2019
  12. Mar 2019
    1. And it’s a contributor to the emergence of an integrated social science to understand human decision-making.

      Again, economics is less a "thing". It's merging with other social and policy science.

    2. the basic tenets of economic theory still provide a solid foundation

      What are the basic tenets? If we are challenging all aspects of economic theory (rationality, perfect knowledge, static models, profit-maximization...) then what are the basic tenets that remain unchanged?

      How is economics, with all these diverse faces, different from population health? Both can include all the same forces. It's only that the latter focuses on health as a key outcome.

    3. The pioneer of behavioral economists was Herbert Simon, who developed the notion of bounded rationality, namely that an individual is rational, but that their ability to compute, assess, and decide are limited especially given constraints on time to make a decision.