Science [no paywall for two weeks] – Assessing ExxonMobil’s global warming projections. G. Supran. https://orcid.org/0000-0002-3846-1633 , S. Rahmstorf. https://orcid.org/0000-0001-6786-7723, and N. OreskesAuthors Info & Affiliations Science 13 Jan 2023 Vol 379, Issue 6628 DOI: 10.1126/science.abk0063 “In 2015, investigative journalists discovered internal company memos indicating that Exxon oil company has known since the late 1970s that… Continue Reading
Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002
Category Archives: Economy
Close to 40% of multinational profits are shifted to tax havens each year
Missing Profits: “Researchers from the University of California, Berkeley and the University of Copenhagen estimate that close to 40% of multinational profits (close to $1 trillion in 2019) are shifted to tax havens each year. This shifting reduces corporate income tax revenue by more than $200 billion, or 10% of global corporate tax receipts. Explore… Continue Reading
Why Did Gender Wage Convergence in the United States Stall?
Why Did Gender Wage Convergence in the United States Stall? – Peter Q. Blair, Harvard, Stanford, and NBER; Benjamin J. Posmanick, St. Bonaventure University. January 11, 2023 – “During the 1980s, the wage gap between white women and white men in the US declined by approximately 1 percentage point per year. In the decades since,… Continue Reading
Billion-Dollar Weather and Climate Disasters
NOAA – “The U.S. has sustained 341 weather and climate disasters since 1980 where overall damages/costs reached or exceeded $1 billion (including CPI adjustment to 2022). The total cost of these 341 events exceeds $2.475 trillion. In 2022, there were 18 weather/climate disaster events with losses exceeding $1 billion each to affect the United States.… Continue Reading
Too Many Managers: The Strategic Use of Titles to Avoid Overtime Payments
NBER – Too Many Managers: The Strategic Use of Titles to Avoid Overtime Payments – Lauren Cohen, Umit Gurun & N. Bugra Ozel Working Paper 30826. DOI 10.3386/w30826. Issue Date January 2023 – “We find widespread evidence of firms appearing to avoid paying overtime wages by exploiting a federal law that allows them to do… Continue Reading
What are Large Global Banks Doing About Climate Change?
What are Large Global Banks Doing About Climate Change? Daniel O. Beltran, Hannah Bensen, Amy Kvien, Erin McDevitt, Monica V. Sanz, and Pinar Uysal. January 2023 – We review the “climate action plans” of Global Systemically Important Banks (GSIBs) and the progress they are making toward achieving them. G-SIBs have identified the drivers of climate… Continue Reading
Rethink Your Employee Value Proposition
Harvard Business Review: “The Great Resignation and a highly competitive labor market have made attracting and retaining talent a major challenge for employers. To meet it, many are following a basic strategy: Ask people what they want and try to give it to them. Temptingly simple as this response is, it can be a trap.… Continue Reading
Government watchdog spent $15,000 to crack a federal agency’s passwords in minutes
TechCrunch: “A government watchdog has published a scathing rebuke of the Department of the Interior’s cybersecurity posture, finding it was able to crack thousands of employee user accounts because the department’s security policies allow easily guessable passwords like ‘Password1234’. The report by the Office of the Inspector General for the Department of the Interior, tasked… Continue Reading
How microplastics are infiltrating the food you eat
BBC: “Microplastics have infiltrated every part of the planet. They have been found buried in Antarctic sea ice, within the guts of marine animals inhabiting the deepest ocean trenches, and in drinking water around the world. Plastic pollution has been found on beaches of remote, uninhabited islands and it shows up in sea water samples… Continue Reading
Coastal Risk Screening Tool
“An interactive map showing areas threatened by sea level rise and coastal flooding. Combining the most advanced global model of coastal elevations with the latest projections for future flood levels. Flood maps are only as good as the elevation data they’re founded on. We used machine learning to develop CoastalDEM ®, a high-accuracy digital elevation… Continue Reading
The Supply and Demand of Legal Help on the Internet
Hagan, Margaret, The Supply and Demand of Legal Help on the Internet (October 17, 2022). Margaret D. Hagan “The Supply and Demand of Legal Help on the Internet,” Legal Tech and the Future of Civil Justice, edited by David Freeman Engstrom. Cambridge University Press, Forthcoming., Available at SSRN: https://ssrn.com/abstract=4250390 “Faith in technology as a way… Continue Reading
OpenAI, the company behind ChatGPT, in talks for tender offer
MarketWatch: “Artificial-intelligence research company OpenAI is in discussions over potentially selling at least $300 million in shares in a tender offer that would give it a roughly $29 billion valuation, the Wall Street Journal reported Thursday. The offering of shares of OpenAI — known for AI programs like the chatbot ChatGPT and the image-generator Dall-E… Continue Reading
