Economics of climate change difficult to assess
As an economist, academician and researcher steeped in such data and assessments, one Washington University in St. Louis expert wants to press the pause button on the worst-case-scenario numbers related to the National Climate Assessment that was released the day after Thanksgiving.
Economic recovery: don’t count on consumers
Steve Fazzari What will generate the growth necessary to put many of the unemployed back to work again? That’s the question economist Steve Fazzari is asking as we move past the first recession of the 21st century. “In the deep downturns of the 1970’s and early ’80’s, strong consumer spending growth led to strong recoveries. Unfortunately, I just don’t see that happening this time” says Fazzari. Includes video interview.