"He's a snake in the grass, I tell ya guys; he may look dumb but that's just a disguise; he's a mastermind in the ways of espionage." Charlie Daniels, "Uneasy Rider" carbon pricing, Bob Murphy - TT's Lost in Tokyo

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Bob Murphy spins shallow "Blockbuster study" by coal lobby on cap and trade bill by TokyoTom

The coal- and utility-funded "free-market think tank" Institute of Energy Research has a just released another study that tells us the obvious about the regressive consequences of the Waxman-Markey cap-and-trade bill and the benefits likely...

Confirmation bias, rent-seeking and the rush to print the latest climate science "scoop" (Lindzen-Choi) by TokyoTom

Since I`m in Tokyo and deprived of Bob Murphy `s enviable access, via talk radio , to cutting-edge climate science, I thank him using his blog to bring it to the attention of his audience (which occasionally includes me). Says Bob (emphasis added): Chip...

On Bob Murphy`s narrow attack on Krugman`s support for the Waxman-Markey climate bill by TokyoTom

I just stumbled into Bob Murphy `s June 8 post at the LvMI Daily site, and submitted a few comments . As it looks like my links prevented my comments from posting, I`ve copied them here (with a few typo tweaks and links added): Bob, I didn`t realize you...

Fat Tails Part Deux: cost-benefit analysis and climate change; Weitzman replies to Nordhaus by TokyoTom

[Note: Although the giant snakes I mentioned in my preceding post may have fat tails, I didn't want my description of the discussion between Harvard`s Martin Weitzman and Yale`s William Nordhaus of the limits of cost-benefit analysis to be overlooked...

Let`s recreate the Paleocene! Giant snakes, "fat tails", cost-benefit analysis and climate change; Weitzman replies to Nordhaus by TokyoTom

Giant snakes? What could a few colossal bones found in Colombia have to do with us now? 1. A recent paper in Nature about the discovery of several specimens of a giant snake ("Titanoboa") that lived in Latin America 60 million years ago captured...

Bob Murphy - fan of cost-benefit analysis (in the face of climate risks)! by TokyoTom

Austrian-leaning economist Bob Murphy , whose efforts last year to discount the work of Yale's William Nordhaus on how cost-benefit analysis merits current action on climate change I previously examined , is back with more, this time defending Nordhaus'...
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Bob Murphy in Forbes: no to "green" jobs, but otherwise? No advice by TokyoTom

Kudos to Robert P. Murphy for a new opinion piece dated Novermber 15 in Forbes.com regarding "The High Costs Of 'Green Recovery'" . The biographical note appended to the piece describes Bob as "a senior economist with the Institute...
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Bob Murphy acknowledges that implicit carbon pricing may reflect genuine economic scarcity by TokyoTom

In June, I made a number of comments to Bob Murphy in response to his blog post entitled, Cap and Trade Is Not a "Market Solution" ; Bob declined to respond at that time. One of my comments was that Bob (1) ... unfairly conclude that, since...
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Can Pigovian taxes be Coasean bargains? - The case of climate negotiations by TokyoTom

David Zetland's libertarian-environmental blog, Aguanomics , has recently been carrying on some excellent discussions on resource and environmental economics, with interlocutors like Bob Murphy , Gene Callahan and others. In the context of two recent...
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Bob Murphy punts on whether "Cap and Trade" is a "market solution" by TokyoTom

In response to my comments last month to Bob Murphy 's June 4 blog post, Cap and Trade Is Not a "Market Solution" , Bob has kindly noted on the blog thread his intention not to let my comments on his post remain the last word: Just following...
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