Category Archives: Economics

Confusions: From Ukraine to Oil Companies

Last week’s blog focused on globalization. Per definition, we are part of the global picture and from this perspective, we have a direct interest in whatever global conflict emerges. Two of our present global conflicts can serve as guides: the … Continue reading

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Robotics

Earlier this month (February 1, 2022), I mentioned the steps that Germany and the US have taken recently to remediate the decline in their workforces. Both countries basically declared that they are going to initiate brain drains from abroad (mainly … Continue reading

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Conclusions From COP26

This semester, I am teaching two courses directly related to climate change. I start both with an exploration of the basic science involved. It’s a multidisciplinary topic that requires using first principles to address the overlap of the physical, natural, … Continue reading

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Universal Hydrogen Economy: Part 2

This week, we’re back to our discussion about the hydrogen economy. The Economist published a great summary of the related challenges we’re facing right now: Today’s hydrogen business is, in global terms, reasonably small, very dirty and completely vital. Some 90m … Continue reading

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The Social Cost of Carbon

Things are changing. My courses start tomorrow. Originally, I was scheduled to teach face-to-face but for a variety of reasons, I’m back to online-only. Many of my colleagues are still scheduled for either face-to-face or “hybrid” teaching, where at least … Continue reading

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Infrastructure Timing

They did it! Today, after a long slog of debate, the US Senate has finally passed a bipartisan version of the infrastructure bill that came out of the American Jobs Plan the Biden administration proposed in April. For more information … Continue reading

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Sputnik and China: US Response to Tech Rivalry

Back in April, I outlined President Biden’s new American Job Plan. Granted, the $2.3 trillion plan was more of a wish list than a proposal; given the 50-50 split in the Senate and the narrow majority in the House, it … Continue reading

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The Green Climate Fund

President Biden signed 15 executive orders and two agency directives on the day of his inauguration (January 20th). Most of this activity was targeted at trying to reverse President Trump’s previous directives. One of the new executive orders that attracted … Continue reading

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Godwin’s Law and Us

This is a follow up to my “Shame” blog about the president-triggered mob attack on the American government in Washington, DC on January 6th. The attack was one part of a series of efforts to void the November 3rd election … Continue reading

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K-Shaped Global Disasters

In an earlier blog (August 4, 2020), I presented anthropogenic climate change, COVID-19, population, jobs, and equity as circles in a Venn Diagram. COVID-19 gives us an opportunity to quantify those relationships. In this case, jobs represent the economic impact … Continue reading

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