Archive for Climate Change

Yet Another Analogy on the Carbon Tax

We only have 12 years to act before I run out of analogies… Try this one kids: Should Students Support a “Point-Neutral Exam Reform?” Suppose a college math professor is very concerned about the self-esteem of her students, and so declares that for the upcoming exam, she will give each student the average of the actual scores […]

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Why a Revenue-Neutral Tax Dividend Check Doesn’t Negate the Deadweight Loss of a Tax

I can see in the comments here, regarding my article about the economists writing a pro-carbon tax letter to the WSJ, that several of you aren’t seeing the big picture on the dividend stuff. So in this post, let me give you a quick numerical example to show the standard way economists think about taxes, […]

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Murphy Twin Spin on Economics of Climate Change

I have two new interviews out, both on the economics of climate change. ==> The first is with Jeff Deist (president of the Mises Institute). ==> The second is with Josiah Neeley and Doug McCullough, at least one of whom supports carbon taxes.

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Murphy Twin Spin

At IER. I let loose on these, don’t miss them. ==> The climate interventionists won’t stop with a carbon tax. How do I know? Because I read what they write and believe them when they say they won’t stop with a carbon tax. ==> The National Climate Assessment allows the media to mislead Americans on […]

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Economists Overlook Problems With a Carbon Tax

My latest at IER. One of the analysts there said he thought this was the single best explanation I’ve given, for what’s wrong with the common “tax ‘bads’ not goods” argument. Anyway, I am using Tyler Cowen, Scott Sumner, and John Cochrane as foils in this piece. An excerpt: Try a different example: Imagine if […]

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Potpourri

Sorry for the radio silence. We had the 3rd annual Contra Cruise, and I also had a bunch of “day job” projects. Things should be getting back to normal around here… ==> Speaking of the cruise, this is the episode Tom and I recorded in front of the live audience. Good stuff–and don’t miss the […]

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Nordhaus vs. the IPCC

Folks, this is really ludicrous. Look at the stuff I dug up from Nordhaus’ most recent model run. (Also, Tom and I walk through it on the latest Contra Krugman.) David R. Henderson catches the Niskanen Center crew likewise spouting nonsense on this. Note, I am choosing my words carefully. I don’t just mean, “Hey, […]

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Nordhaus vs. IPCC

I’m going to write more on this in the coming weeks, but for now, let me point you to my reaction at IER to William Nordhaus winning the Nobel, on the same day the IPCC’s latest came out. An excerpt: Now, any normal citizen reading the above two samples from our major media—who ostensibly are all […]

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