Well, this is a twofer from Borenstein: Junk science and junk economics.
4 thoughts on “Temperature And The Economy”
I am awed.
Air conditioning. The Next Big Thing.
Apparently these authors haven’t heard of it; it isn’t mentioned.
A) that’s a sexist study because women would be cold at 55 degrees.
B) How could any economist claim the single determining factor on productivity is temperature? All of those business plans people do are worthless because everything should be a success if you work at the right temperature. And all of the social chaos in Africa over the last several hundred years has no effect on the economies there, its all due to temperature.
C) Those predictions…
Ah, water is still wet. Good to know, good to know.
Ugh. This is getting airplay among the usual suspects.
I am awed.
Air conditioning. The Next Big Thing.
Apparently these authors haven’t heard of it; it isn’t mentioned.
A) that’s a sexist study because women would be cold at 55 degrees.
B) How could any economist claim the single determining factor on productivity is temperature? All of those business plans people do are worthless because everything should be a success if you work at the right temperature. And all of the social chaos in Africa over the last several hundred years has no effect on the economies there, its all due to temperature.
C) Those predictions…
Ah, water is still wet. Good to know, good to know.
Ugh. This is getting airplay among the usual suspects.