1 May 2015

Anything but water

  1. RGGI's cap and trade system for carbon continues to reduce emissions without lowering economic output. Yes, this system is running in the US, not far from the capitals of the US and Canada. If your politicians are not noticing, then maybe help them? Related: Dutch citizens sue their government to force action on climate change. This may speed up EU-action, as the Dutch are sure to insist on EU-wide actions if they risk losing competitiveness to, e.g., Polish firms using dirty coal

  2. Micro 101: Rent control has screwed up San Francisco's housing market

  3. Insightful: Why You Should Stop Caring What Other People Think

  4. A few years ago, Californians passed a law requiring that laying hens get more space to move (up from an 8 inch (21 cm) square each) and farmers declared that was the end of the egg industry. UC Davis researchers explore how it's not the end of the industry. One reason is that ALL eggs sold in California need to be produced under the same conditions. The other is that the price is not that much higher: 2.4 cents per egg. Reality > hysteria

  5. Development in the middle ages: "The pressure of competition [among Bruges, Antwerp, and Amsterdam] prompted municipal authorities to support trade and to do so in a manner that did not simply privilege home traders."
H/T to BB

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