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conversableeconomist.blogspot.com
| | nephist.wordpress.com
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| | Spinning the Industrial Revolution by Jane Humphries (Oxford) and Benjamin Schneider (Cornell) Abstract The prevailing explanation for why the Industrial Revolution occurred first in Britain is Robert Allen's (2009) 'high-wage economy' view, which claims that the high cost of labour relative to capital and fuel incentivized innovation and the adoption of new techniques. This paper...
| | conversableeconomist.com
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| | A wealth tax is what it sounds like: a tax imposed not on income, but on wealth. The standard economic definition of wealth includes both nonfinancial assets like real estate and financial assets like stocks and bonds. Thus, a wealth tax doesn\'t care if the value of someone\'s wealth went up or down in the
| | economicsfromthetopdown.com
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| | Houses are getting more expensive. In this post, I look at the reasons why.
| | wattsupwiththat.com
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| Current climate models parameterise clouds and atmospheric water is treated as a "Greenhouse Gas" when it exists in the atmosphere as gas, liquid and solid. The solid phase is a key factor in the formation of reflective clouds. These phases are all responsive to surface temperature at the base of the atmospheric column and surface...