San Francisco Muni Will Not Achieve Its Goal

How do hybrid buses equal zero emissions? The answer is, “They don’t.” Hybrid buses, by definition, run on their gas engines at least part of the time. Getting to zero emissions by using hybrids violates at least one of the laws of thermodynamics.

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California Versus Texas

So I decided to perform the usual market test of which state was more popular: the one-way rental rate for a standard U-Haul™ 10 foot truck between Oakland and Austin and vice-versa.

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Making Math Education Even Worse

American students are already struggling against the competition. The Common Core won’t help them succeed.

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Journalists Should Not Be Allowed to Use Data

Mr. Irwin, do the world a favor. The next time you’re tempted to work with data, hire a real economist as a consultant.

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Is Gaza One of the Most Densely-Populated Areas on Earth?

Gaza is, indeed, densely populated. But anyone who has visited London, Athens, or Istanbul can tell you there is a fair amount of open space. All this suggests there is plenty of open space in Gaza. Placement of munitions is a choice, not a necessity.

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Second Quarter GDP

First quarter GDP was pretty good. I’ll only add that there are two more estimates to be released. BEA’s revisions have been pretty substantial in recent years. My guess — and it’s only a guess — is that the 4% growth rate will be revised downward over the next two months.

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The BEA News Release Archive

As far as I can tell, every BEA press release since at least 2002 is archived here. … That link downloads the entire dataset as a single Excel workbook.

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Do We Need an Affordable Car Act?

I would love to see those loan documents. But, as usual, the Times reporters are more interested in telling stories than reporting the facts. I have posted a comment asking to see some sample loan papers. I’ll update this article if I get a reply.

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Is Paul Krugman Leaving Princeton In Quiet Disgrace?

“Is Paul Krugman leaving Princeton in quiet disgrace?”  That’s the headline over Ralph Benko’s column in the latest issue of Forbes.  And it’s a doozy of a story.  First, Mr. Benko notes the official statement from Princeton after the announcement of Prof. Krugman’s departure → Mr. Benko characterizes this as “tepid.”  I’d say it’s more like, […]

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Common Core Math Fail

I am professor emeritus of economics at California State University, East Bay. We have a small Master’s program in our department. Decades ago, when I was teaching in that program, one of my students was a high school teacher. She did very well in the class I taught and went on to successfully complete the M.A. After the course was over I asked her if she was going to teach high school economics. She replied, “No. I can’t. My certificate is in business. To teach economics I need a certificate in social studies.”

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