I am the Convocation speaker Thursday at 11:10. It is Honors Convocation, meaning a number of your fellow students will be recognized.
Initiative on Global Markets www.igmchicago.org
Jeffrey A. Frankel & Andrew K. Rose “Is Trade Good or Bad for the Environment? Sorting Out the Causality,” The Review of Economics and Statistics 87(1):85-91. (2005)
Michael Greenstone and Adam Looney. “Paying Too Much for Energy? The True Costs of Our Energy Choices.” Daedalus141.2 (2012): 10-30.
Alan Krupnick et al. Toward a New National Energy Policy: Assessing the Options, Resources for the Future (2010)
William Nordhaus, The Climate Casino: Risk, Uncertainty, and Economics for a Warming World. (2013)
Nicholas Stern, The Economics of Climate Change: The Stern Review
World Bank World Development Indicators (2014)
I’m looking at some eye-grabbing headlines in my RSS feed and it looks like my life could be in for some radical changes, from a new face for the academy to fewer outlets to indulge my passion for shopping at the mall to higher prices for my beloved coffee drinks:
And, perhaps most tragically, the future is now:
Did anyone see that coming?
Here is Stanford’s Jon Krosnick giving a very nice talk about the U.S. public’s view on climate change. Krosnick responds to the idea that “Climate-gate” and media saturation and the economic malaise have somehow changed public opinion, and convincingly argues that they have not. Indeed, Krosnick shows that the public generally trusts scientists, believes in global climate change, believes in human activities’ impact on the changing climate, and generally believes the scientific community knows its science.
Take a look starting at 23:30, though. It turns out that when scientists start talking about policy, all you-know-what breaks loose. The public basically doesn’t believe that scientists know what they are talking about when they start talking about policy. It gets worse, though — when scientists talk policy, respondents are less confident that the scientists know their science! The final kicker is that it dampens support for government action on climate change.
Check it out for a marvelous cautionary tale.
I wonder if this carries over to economics and economic policy?