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The Grumpy Economist: How much does climate change actually affect GDP? Part I: An illogical question.

The Grumpy Economist: How much does climate change actually affect GDP? Part I: An illogical question.
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Capital Letter: Climate & Central Banks: Regulators Doing What They Shouldn't

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European Central Bank President Christine Lagarde addresses an event to launch the private finance agenda of the 2020 United Nations Climate Change Conference in London, England, February 27, 2020.
(Tolga Akmen/Pool via Reuters)
I felt spoiled for choice when it came to a topic with which to preface this week’s Capital Letter. Dogecoin went quite a long way toward the moon, the U.N.’s secretary-general has pushed for a “solidarity” or wealth tax, and digging further into the details of the administration’s planned new corporate-tax regime produced yet more nasty surprises.
That said, I think that it’s worth continuing to watch how the regulatory state continues to push ahead with its climate agenda in a way that bypasses the normal democratic process and is still not subject to enough scrutiny. ....

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Covid 2/18: Vaccines Still Work

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This week the CDC released new guidelines for schools. I’ve spun my analysis of that off into its own post. Scott Alexander also shared some good thoughts on Covid-19 in two new posts, and I discuss both of those, and how our models and predictions differ.
Also, as some combination of retaliation and its continued crusade against the evils of the tech industry and the notion of freedom of speech, the New York Times finally published its hit piece on Scott Alexander. I devote a brief section to it, the upside of which is that the paper is now permanently banned from this space. ....

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