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ECONOMICS

A Gates Summit Aims to Fill Family Planning Gap

The Bill and Melinda Gates Foundation and the British government today (World Population Day) have been hosting a London Summit on Family Planning, aimed at expanding access to contraception and related health services for women, particularly in poor urban communities, who want more control over the size of their families. (More on the meeting goals is here. You can track or review the discussion via the Twitter tag #FPsummit.)

I heard about the conference today in an e-mail from Robert J. Walker, the president of the Washington-based Population Institute, which is excerpted below as a “Your Dot” offering.

Not surprisingly, the conference was attacked in advance by groups opposing contraception and abortion. In its newsletter, the Catholic Family and Human Rights Institute charged that the Gates goal is to build a multi-billion-dollar war chest for programs that would take away, through “population control,” a woman’s right to have babies. In its piece, the group noted, “Even Amnesty International fears the campaign will ‘return to coercive family planning programs.’”

The group, practicing extremely selective quotation, failed to note that Amnesty International also said:

Contraceptive information and services – ‘family planning’ – form an essential part of the health services that women need throughout their lives.

The group dismisses the idea that there is substantial “unmet need” for family planning among women in many poor countries with the same definitiveness used by folks proclaiming risky human-driven climate change is a “hoax.” In fact, as with climate, there are real issues related to spin and the realities of the scientific and economic research, but there is also strong evidence for a real problem deserving a response.

Melinda Gates, in a CNN interview a few days ago, described how she reconciles her own Catholic faith with her activism on family planning: “Part of what I do with the (Gates) Foundation comes from that incredible social justice I had growing up and belief that all lives, all lives are of equal value.” There’s more from her in an “Impatient Optimists” blog post. Here’s a Gates Foundation video laying out her argument (followed by more on “unmet need” research and Walker’s population thoughts): Read more…


What is a Good Teacher Worth?

There’s been much discussion of the value, in dollars and sense, of a good teacher (no typo). In many places, a conversation on the value of teachers is underpinned by debates over what’s being taught. In Texas, for example, the Republican Party approved a platform opposing the teaching of critical thinking skills, saying it’s behavior modification with “the purpose of challenging the student’s fixed beliefs and undermining parental authority.”

Such discussions have prompted a “Your Dot” contribution from Janet English, a science teacher at El Toro High School in Lake Forest, Calif. She is a recipient of the Presidential Award for Excellence in Math and Science Teaching and the Distinguished Fulbright Award in Teaching. (Above you can watch a presentation English made last year at last year’s National Academies Summit on Science, Entertainment and Education.) Here’s her piece:  Read more…


A Fresh Look at Oil’s Long Goodbye

[Please be sure to read this followup post, as well: "Oil's Long Goodbye and a Species' Quest for Self Control."]

My bedtime reading tonight is “Oil: The Next Revolution – The unprecedented upsurge of oil production capacity and what it means for the world.” This mind-bending report points to a prolonged period of rising oil production, particularly in the United States (for reasons laid out below), and a potential collapse in oil prices, with all kinds of implications for security, international politics, the economy and, without doubt, climate.

The report is written by Leonardo Maugeri, a top oil company executive from Italy who is currently a research fellow at the Geopolitics of Energy Project of Harvard’s Belfer Center for Science and International Affairs. Here’s a video interview with Maugeri posted by the Belfer Center:

Maugeri offers a field by field analysis of investments in oil production that provides detailed support for the emerging picture of an oil boom conveyed in recent reports in The Times, including Jad Mouawad’s article “Fuel to Burn: Now What?” Similar themes echo in Daniel Yergin’s recent book “The Quest.

After a detailed exploration of the reasons for the current increase in oil production capacity, with much more coming after 2020, Maugeri warns that the oil industry will need to work hard to limit environmental risks from greatly expanded drilling for oil (and natural gas) in shale deposits, a vast resource that has been made tappable by hydraulic fracturing, known also as fracking. The report doesn’t address the implications for climate policy and energy efficiency that would attend a prolonged era of abundant oil. I’m sure others, here and elsewhere, will dive in on that issue.

Here’s an excerpt in which Maugeri explains why he sees a decent chance that the United States will become second only to Saudi Arabia in oil production by 2020 (abundant deposits of shale oil are only one): Read more…


Searching for a New Economy

Given persistent debt troubles, the deep divisions between haves and have nots, and wear and tear on the planet’s living systems, there’s much talk these days of new ways to define, gauge and nurture economic progress.

In early June, Bard College hosted a weekend conference on “Strategies for a New Economy.” I joined David Brancaccio of public radio and PBS’s “Fixing the Future” project to talk about media coverage of economic innovation (or the lack thereof). There was much more. You can replay some highlights via this Storify thread on the meeting. Also, video comments from some speakers have been posted online.

As an appetizer, here’s one, from Robert Johnson, the executive director of the Institute for New Economic Thinking, who, among other things, said: Read more…


Daniel Kahneman on the Trap of ‘Thinking That We Know’

The National Academy of Sciences did a great service to science early this week by holding a conference on “The Science of Science Communication.” A centerpiece of the two-day meeting was a lecture titled “Thinking That We Know,” delivered by Daniel Kahneman, the extraordinary behavioral scientist who was awarded a Nobel Prize in economics despite never having taken an economics class.

The talk is extraordinary for the clarity (and humor) with which he repeatedly illustrates the powerful ways in which the mind filters and shapes what we call information. He discusses how this relates to the challenge of communicating science in a way that might stick.

Please carve out the time to watch his slide-free, but image-rich, talk. It’s a shorthand route to some of the insights described in Kahneman’s remarkable book, “Thinking, Fast and Slow” (I’m a third of the way through).

Here’s the video of the talk (which is “below the fold” because it’s set up to play automatically): Read more…


Young People Tire of Old Economic Models

At the recent United Nations conference on “gross national happiness,” a scattering of young participants looked on with a clear sense of urgency as mainly graying dignitaries, economists, scholars and others pondered ways to gauge progress that go beyond traditional monetary measures. One was Christopher Stampar, a sophomore from the University of Miami who works for the nonprofit group Nourish 9 Billion. He received one of the most enthusiastic rounds of applause when he let it slip that he was 19. Read his blog post on the experience here.

Also on hand was Michael Sandmel, who is graduating this year from New York University and involved with the organization U.S. Youth for Sustainable Development. After the one-day session, which included briefings from economic luminaries including Jeffrey Sachs and the economics Nobelist Joseph Stiglitz, he reacted this way in an e-mail message:

It’s great to see new paradigm slowly making its way into the mainstream.  I think this is demonstrated quite well by the comments made by professors Sachs and Stiglitz, neither of whom, even four years ago, I would have expected to reference the Easterlin Happiness Paradox or the Planetary Boundaries Framework.

But he added that his generation was not taking a transition for granted, pointing to the student-organized Transition to a New Economy conference that had just been held Harvard:

We had around 140 attendees from universities around the country.  Many of us study in mainstream neoclassical economics departments where interdisciplinary ecological-economics, and the questioning of G.D.P. growth as a primary (or, depending on who you ask, desirable) objective, is still very much fringe thinking.  I don’t attempt to speak for all of my peers, but I know that many of us share an enormous frustration with the way in which our supposedly leading institutions teach us about the economy in a way that is myopic, ahistorical, and devoid of nearly any critical conversation about sustainability or human well being. 

This is particularly troubling as we regularly see our schools accredit future leaders in business, finance, and government, sending them into a world of 21st century problems with a 20th century toolkit.  Many of us have been involved in our local Occupy movements, including Occupy Harvard, and have been trying to use the crisis as an opportunity to push an agenda of plausible alternatives to unsustainable and inequitable finance-dominated capitalism. Many of us will be getting together again in June for the Strategies for a New Economy conference at Bard College and will be in Brazil for the Rio+20 conference and the events surrounding it.  

He put me in touch with Rina Kuusipalo, the Harvard student who was one of the organizers of the campus economics meeting. She sent the note below: Read more…


Seeking Happiness on a Finite and Human-Shaped Planet

12:16 p.m. | Live Updates below |
I’m at the United Nations today for the Bhutan-led “High Level Meeting on Wellbeing and Happiness: Defining a New Economic Paradigm.” The details are nicely summarized in a recent Op-Ed article by Timothy W. Ryback, the deputy secretary general of the Académie Diplomatique Internationale in Paris. As Ryback explains, the meeting was approved in a U.N. resolution last year recognizing that “the pursuit of happiness is a fundamental human goal” and “the gross domestic product [G.D.P.] does not adequately reflect the happiness and well-being of people….”

I’ll be adding live updates here through the day (see bottom of post). You can get a sense of the conversation by reviewing the online discussion over a draft statement the group plans to adopt.

Bhutan is a tiny, poor, once-isolated Himalayan nation well into the process of moving from monarchy to democracy and opening to the world. Recognizing problems attending a growth-driven economic sprint in other developing countries, in the early 1970’s King Jigme Singye Wangchuck decided to make his nation’s priority not its G.D.P. but its G.N.H., or gross national happiness. The goal ever since has been a mix of economic and social progress shaped to sustain cultural and environmental assets. (There’s a fun explanatory video here.) I first wrote on this concept in 2005, when several dozen Bhutanese leaders, scholars and other citizens, attending a conference in Nova Scotia, described efforts to move from happiness as a concept to a set of policies.

happiness surveyThe New York Times A continuous survey in the United States now gauges day-to-day shifts in feelings of happiness or sadness. (Click for full graphic.)

Today’s meeting (you can track it via the Twitter hashtag #gnh) reflects a global build-up of this notion under other names, as an array of nations and agencies develop systems for measuring well-being that go well beyond what can be measured in dollars. (The Gallup pollsters and the health-care company Healthways have developed a polling project that aims to be a real-time U.S. Well-being Index. I think that a short-term time scale like that — daily polling of 1,000 people — kind of misses the point, but it’s a useful experiment.)

On a different scale is the newly published World Happiness Report, prepared for this conference by economists John Helliwell of the University of British Columbia, Richard Layard at the London School of Economics and Jeffrey D. Sachs of Columbia University (the full document as a pdf file). You can read a short excerpt below. Read more…


An Economist Rebuts The Wall Street Journal “16″ on Climate Risk

In a contribution to a recent Dot Earth post, William D. Nordhaus, a Yale University economist who has spent many years examining the costs and benefits of various climate policies, angrily rejected a description of his work used by 16 scientists questioning concerns about global warming in an op-ed article in The Wall Street Journal.

He has now greatly expanded on his critique of their argument in “Why Global Warming Skeptics Are Wrong,” an essay in the New York Review of Books (hat tip to Climate Progress). His strong words are particularly significant given that Nordhaus has, in the past, strongly challenged analyses — notably the Stern Review — pointing to high economic costs from global warming.

He addresses their science conclusions by citing the peer-reviewed literature. More importantly, he points out a basic error in how they weighed costs and benefits and then examines their use of uncertainty as a justification for stasis on greenhouse gas emissions. Here’s his exploration of the second point: Read more…


Scientists Challenging Climate Science Appear to Flunk Climate Economics

An op-ed article signed by 16 scientists rejecting the need for “drastic action to decarbonize the world’s economy,” published Friday by the editorial page of The Wall Street Journal, has been widely and thoroughly fact-checked and challenged elsewhere.

[Jan. 31, 9:42 p.m. | Updated | The Journal has published a rebuttal op-ed piece from a long list of climate scientists under the headlin "Check With Climate Scientists for Views on Climate."]

Peter Frumhoff of the Union of Concerned Scientists criticizes their take on the science in a piece titled, “Dismal Science at The Wall Street Journal.” Peter Gleick, an analyst of global water and climate issues, chides the newspaper in a Forbes post, noting that the Journal turned down a letter of concern about human-driven climate change from 255 members of the National Academy of Sciences (which ended up published in the journal Science). Chris Mooney dismantles what he calls the authors’ “reductio ad Lysenko” argument. There’s lots more. (Of course Climate Depot finds the letter breathlessly exciting.)

I’ll be publishing some more scientists’ reactions to the piece shortly, but first I wanted to add a fresh element not dealt with elsewhere so far: a critique of the 16 scientists’ take on climate economics.

After all, any conclusion about the pace of emissions cuts necessary to limit dangers from climate change is implicitly as much (or more) about economics as science.

To learn what’s wrong with the signatories’ read of economic literature, review the following excerpt from an e-mail exchange I had over the weekend with William D. Nordhaus, the Sterling Professor of Economics at Yale, whose work is at the heart of the piece’s rejection of the need for “drastic” steps to curtail greenhouse gas emissions (as if that’s the only kind of response being considered): Read more…


Beyond Hype, a Closer Look at New York’s Choice on Shale Gas

More than 40,000 comments have been submitted to New York State aimed at shaping how Gov. Andrew M. Cuomo deals with the huge natural gas resource locked in the state’s portion of sprawling geological formations known as the Marcellus Shale and Utica Shale.

The comments are not publicly viewable at this point. (You can submit a Freedom of Information Law request for an eventual CD, I was told.) But any quick sift of the Web provides a pretty solid sense of the range of views — from environmentalists pursuing an outright ban on hydraulic fracturing and related processes, widely called fracking, to landowners seeking the freedom to benefit from their mineral rights. There was a fresh anti-gas rally in Albany this morning, focused on passing bills (sponsored by lawmakers representing New York City constituents far from the resource) that would limit the governor’s ability to move ahead.

Here’s some background behind the shouting: Read more…


DCSIMG