Carnegie Mellon University
Everything had been planned just so for President Obama’s July 6 campaign speech on the front lawn of Pittsburgh’s Carnegie Mellon University. Obama’s Oxford blue dress shirt was crisply cuffed. His Pittsburgh Pirates references were timed expertly. The loopy, cursive lettering of the campaign’s “Betting on America” billboard got several seconds of air-time on the local news. But the speech was marred by sweltering, 100-degree heat, something that no amount of planning could prevent.
Who's In Charge Of Geoengineering?
April 06, 2010
Last week in Monterey, California, hundreds of scientists, environmental groups, think-tank types, and philosophers attended the Asilomar International Conference on Climate Intervention Technologies. The topic at hand was geoengineering.
The Burden Is on the Inflation Hawks
August 24, 2009
The Wall Street Journal has a useful piece up today about the historical analogy that looms large in the minds of administration economic officials: 1937, the year the Fed, FDR, and Congress prematurely tightened economic policy and sent the economy back into a deep recession after several years of recovery. What I always find remarkable about these discussions is that proponents of early tightening essentially (sometimes explicitly) argue that the expected loss from too much inflation (that is, the loss weighted by the probability of it happening) is greater than the expected loss from a doub