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Category Archives: Economy

Massachusetts just passed a massive climate and clean energy bill

Washington Post: “Massachusetts Gov. Charlie Baker (R) on Thursday signed a major climate and clean-energy bill that contains sweeping policies targeting renewables, transportation and fossil fuels — a move that lawmakers and advocates say is critical to supporting the state’s goal to reach net-zero emissions by 2050. Baker’s decision to sign the bill, which was approved by the state legislature July 31, comes as Congress is poised to pass its most significant piece of climate legislation, the Inflation Reduction Act. Described as a “landmark bill,” the Massachusetts climate legislation notably includes a provision — the first of its kind for the state — that would allow 10 municipalities to legally ban fossil fuel infrastructure in new and major construction projects. With this policy, certain cities and towns in Massachusetts could soon join others across the country that have taken similar steps to change local building codes to block the use of fossil fuels, such as natural gas — meaning many people who want gas stoves or furnaces are probably out of luck in these places…”[h/t Jackie Royce]

How a False Claim About Wikipedia Sparked a Right-Wing Media Frenzy

Slate “…The article was thrust into the limelight on July 28, when the Commerce Department released data showing that the U.S. gross domestic product had shrunk for a second straight quarter, meeting a common shorthand definition of a recession. Republicans, seeking to highlight the economy’s weakness as part of a case against Democrats ahead of… Continue Reading

Preliminary Report: The Climate and Energy Impacts of the Inflation Reduction Act of 2022

Suggested citation: Jenkins, J.D., Mayfield, E.N., Farbes, J., Jones, R., Patankar, N., Xu, Q., Schivley, G., “Preliminary Report: The Climate and Energy Impacts of the Inflation Reduction Act of 2022,” REPEAT Project, Princeton, NJ, August 2022 “This report describes the national-scale energy system and greenhouse gas emissions impacts of the Inflation Reduction Act (IRA), as… Continue Reading

What We Gain from a Good Bookstore

The New Yorker – It’s a place whose real boundaries and character are much more than its physical dimensions. “…You may have heard that we’re experiencing a renaissance of the independent bookstore, but the situation is far from rosy. In 1994, when Deutsch started his career as a bookseller (and Amazon was founded), the U.S.… Continue Reading

Research: We Make More Virtuous Choices When Using Pen and Paper

Harvard Business Review: “From ordering food to buying a new book to making a charitable donation, more and more decisions that used to be made on paper are now being made on digital devices like tablets, phones, and computers. And this trend toward digitalization has many advantages, in particular when it comes to efficiency and… Continue Reading

Feds’ pay lags 22.5% behind private sector

Federal News Network – “Salaries for federal employees fall significantly behind the private sector, the Federal Salary Council reported [August 5, 2022]. The council reported the pay disparity between public and private sector employees, on average, was 22.47%. In late 2020, the council calculated the pay gap at 23.11%. The pay disparity is calculated based… Continue Reading

How Misinformation About COVID Vaccines and Pregnancy Took Root Early On and Why It Won’t Go Away

Pro Publica: “Before coronavirus vaccines were even released, a disinformation campaign used a moment of national and personal vulnerability to prey on those who were pregnant or who planned to become pregnant.But that was only the beginning. Misinformation seeped into every corner of social media, onto Facebook feeds and into Instagram images, pregnancy apps and… Continue Reading

Visualized: The Top 25 U.S. Newspapers by Daily Circulation

Visual Capitalist: “Most people today—more than 8 in 10 Americans—get their news via digital devices, doing their reading on apps, listening to podcasts, or scrolling through social media feeds. It’s no surprise then that over the last year, only one U.S. newspaper of the top 25 most popular in the country saw positive growth in… Continue Reading

Educational publisher Pearson will sell textbooks as non-fungible tokens (NFTs)

UK Guardian: “Textbook publisher Pearson plans to profit from secondhand sales by turning its titles into non-fungible tokens (NFTs), its chief executive has said. Educational books are often sold more than once, since students sell study resources they no longer require. Publishers have not previously been able to make any money from secondhand sales, but… Continue Reading

A Century of Business in the Supreme Court, 1920-2020

Epstein, Lee and Gulati, Mitu, A Century of Business in the Supreme Court, 1920-2020 (August 3, 2022). Available at SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4178504&stream=top “A decade and a half into its life, we ask: How pro business is the Roberts Court? Using a simple objective measure – how often does business win in the Court when it is… Continue Reading

The Fortune Global 500

“The rebound from COVID-19 created a huge tailwind for the world’s largest companies by revenue. Aggregate sales for the Fortune Global 500 hit $37.8 trillion, an increase of 19%—the highest annual growth rate in the list’s history. Walmart landed at No. 1 for the ninth straight year, trailed by Amazon, which reached its highest ranking… Continue Reading