Hyperbolic discounting explains why the French are revolting over Macron’s fuel tax
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Economists have long argued that an effective way of reducing carbon emissions is by increasing taxes on energy consumption.
A ray of light in these dark days: Living standards have risen far more than we think
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The media seems full of gloom at the moment. Chaos over Brexit, Saudi Arabia, potential nuclear escalation between the US and Russia – you name it, people are worried about it. A ray of light is shone – an apt phrase as you will see – by the work of Bill Nordhaus, a Yale economist […]