Warning! Reading Marx's Capital Can Introduce Serious Bugs into Your Wetware!: Hoisted from 2006
I Was on Bloomberg Yesterday: "Daybreak Australia"

The extremely sharp Joe Romm: Trump voters hurt most by Trump policies, new study finds: "Failure to stop business-as-usual global warming will deliver a severe economic blow to Southern states, a recent paper by the Federal Reserve Bank of Richmond finds..." and he sends us to: Riccardo Colacito, Bridget Hoffman and Toan Phan: Temperature and Growth: A Panel Analysis of the United States: "Seasonal temperatures have significant and systematic effects on the U.S. economy...

...both at the aggregate level and across a wide cross-section of economic sectors. This effect is particularly strong for the summer: a 1 degree F increase in the average summer temperature is associated with a reduction in the annual growth rate of state-level output of 0.15 to 0.25 percentage points. We combine our estimates with projected increases in seasonal temperatures and find that rising temperatures could reduce U.S. economic growth by up to one-third over the next century...

#shouldread

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