Mike Norman Economics

Ask the Experts: Does Rising CO2 Benefit Plants? Climate change’s negative effects on plants will likely outweigh any gains from elevated atmospheric carbon dioxide levels Ask the Experts: Does Rising CO2 Benefit Plants?

I quite like BadEmpanada and I think he makes some valid points, but I didn't agree with him about Ukraine and Russia. He might be right about China, but apparently they are going to bring in state healthcare this year. And I'm not sure about the Uighurs, with so much propaganda and counter-propaganda.What BadEmpanada is saying is that many anti-imperialists hate the West so much that they see all of the Western enemies as the good guys, when they are often not much better.This video is...

Here you go everybody here should like this no Math involved... nothing like Bob Ross since ... very relaxing... (oh almost forgot, remember the stream he paints is NOT REAL...)[embedded content]

Important if you are interested in the future of the planet and think that carbon is an issue.Tax Research UKOn sustainable cost accountingRichard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum

Exxonmobil scientists say CO2 is a greenhouse gas. They also made a pretty good estimate in 1882 about the amount of CO2 that could be released along with the corresponding amount of global warming that would go with it.@MichaelEMann paraphrased 'If you dont trust climate scientists, here's Exxon-Mobil's internal projections from 1982. They were spot-on with 415ppm of CO2 & resulting warming of ~+1.2C by 2020.' 

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Politicians often tell us that we should live within our means. Quite right. Unfortunately, many of them do not appear to understand what this actually entails when it comes to fiscal policy. So far as most economists are concerned, the events of the last decade have thoroughly discredited advocates of austerity. Yet, it remains quite common to hear politicians from across the political spectrum calling for reductions in fiscal deficits or even fiscal surpluses. There appears to be little...

Experts concerned young people’s mental health particularly hit by reality of the climate crisis I've been debating with some deniers for three days now. I would have given up after the first day because it gets boring, but two guys who really knew their stuff about climate change joined in, and together we wiped the deniers out. They a now bouncing off the walls. What a load of junk their science is, just twigs and dust, I call it. Over the past few weeks Clover Hogan has found...

The world has never seen anything like it. Over five months, bushfires along the south-east coast of Australia have blackened an area bigger than Ireland. They have taken 33 lives, destroyed thousands of homes, shrouded cities in toxic smoke and devastated the country’s unique wildlife. They have also changed how many Australians think about the climate crisis. What was, for many, an abstract idea set in a distant future has, in the space of one summer, begun to feel like a dystopian...

I have two days of teaching left in Helsinki and my next stop on Friday is Dublin where I will be discussing unification and exit. Should be a fun topic. Its Wednesday back home already and today I consider a matter that came up in one of my classes that I am taking in macroeconomics at the moment at the University of Helsinki. Students really struggle when first introduced to the idea of a stock and a flow. They can easily be led into defining a flow as a stock. Getting this absolutely...