Climate Change

Archive for Climate Change

Murphy Twin Spin Podcasts

==> I talk about climate change policy on a Woodsless Contra Krugman. ==> Carlos and I talk about Trump’s playbook for the economy in the latest Lara-Murphy Show.

Murphy at Ramapo College and then Yale

Tonight (Monday Feb. 26, 2018) I’ll be presenting at Ramapo College on the economics of climate change. Here’s the info, and my understanding is that there will be a link to the live presentation once it starts. Then tomorrow (Tuesday Feb. 27, 2018) I’ll be debating at the Yale Political Union on “The Free Market […]

Murphy Twin Spin

==> Here’s the latest Contra Krugman, where we talk about corporate tax cuts and Krugman’s Kontradictions. ==> In this IER post, I come up with a car analogy to try to motivate deadweight loss, and give intuition for why a carbon tax–even if revenue-neutral–would reduce conventional economic growth. (To be sure, that by itself doesn’t […]

Neeley vs. Murphy on Carbon Tax

We take our blog feuding to the big lights. An excerpt: Suppose some mobsters go around killing people who owe them money on their gambling debts, and I point out to them, “Excuse me, fellas, if you just broke their legs with a baseball bat, more of them would be able to pay you off.” […]

Amplifying Oren Cass on a Carbon Tax, Part 2

Even professional economists, take note. Cass makes a great point that I haven’t seen stressed anywhere else. I’ll quote him first, then I’ll quote from my article to elaborate on his insight. CASS: Nor does describing a carbon tax as “revenue neutral” do anything to improve its appeal. Promising to use the revenue for tax […]

More on Flood Statistics

In my previous post, there was still some confusion in the comments. And on Twitter, I got the sense that even trained economists didn’t understand what the big deal was. So remember, the claim is that the phrase “100-year flood event” or “500-year flood event” is very misleading. When the government data agency gives such […]

Amplifying Oren Cass on a Carbon Tax, Part 1 of 2

My latest post at IER amplifies some of the points Oren Cass made in a fantastic essay he wrote (two years ago) on the case for a US carbon tax. (I just came across the essay recently.) Here’s an excerpt: Let me paraphrase Cass’s remarks to make sure the reader appreciates them. Cass was studying […]

“100 Year Flood Event”

Gene’s post on media reporting of the flooding is typical: Gene makes a confident claim, rob chimes in to meekly disagree, Gene bites rob’s head off, and we all end up wiser. First and probably most important: The “100 year flood event” stuff is defined for a specific region. So over the country as a […]