I am happy to hear that China has pledged to reduce its carbon intensity by 40% by 2020 but does this guarantee a smaller global carbon footprint? Recall that carbon intensity = tons of CO2/GNP. China's economy has been growing by 8% per year. ...

Okay, I'll cry uncle. The Keynesian Multiplier of this government spending is very large. My Dynamic Stochastic GE Model concludes that for every $ that the Department of Energy gives to Los Angeles we generate $3112 of new output and intellectual...

Next week there will be a very interesting energy conference at UC Berkeley. I don't like to travel far from Los Angeles but this is worth the effort. These are very exciting days to study empirical energy questions here in California. When I taught...

Bloggers are supposed to provide useful links. Each Thanksgiving, I think about the life of the turkey. This website answered many of my questions about the typical turkey's Biography . Switching subjects and returning to issues that I actually...

Apparently, it is not hard to get into Harvard. Ask these Rats. They clearly were excited about the opportunity to be research subjects in the new Allston labs and came up from below ground to volunteer to be part of randomized trials. They were...