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Archive for April 2010 | Monthly archive page

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In: Economic Theory, Risk

Comments Off on Abusing the Future

We all know that we don’t know what the future will hold but we all plan for it anyway. We plan our holidays, our retirement, the sales of a new product and the state of the economy. We pull wool over the eyes of our ignorance because someone, somewhere needs a view. Just occasionally, there

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In: Climate, Economic Theory

Comments Off on Making Climate Change win-win

This is the theme of the conference of the European Climate Forum this year.Listening to the speeches I am struck by the parallels in analysis between thinking about the impact of climate change and that of infrastructure. First, we have the scientists. Climate modellers talked about the difficulty of building models that properly incorporated short

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