1/n] I think it's a very good decision to give this year's Peace Nobel to the World Food Programme.
Hunger is one of the world's biggest problems and the WFP – one of the UN insitutions that works outstandingly well – is making the world a better place.
In the UK the number of cases rose rapidly.
But the public – and authorities – are only learning this now because these cases were only published now as a backlog.
The reason was apparently that the database is managed in Excel and the number of columns had reached the maximum.
Glad that they are apparently now working on a solution. Not one, but several Excel spreadsheets…
It is now also the main headline at the BBC: bbc.co.uk/news/uk-544125…
At the end of last week confirmed cases were "actually nearer 11,000" – about 4,000 more than reported.
This is very, very bad and also means that the outbreak is much more rapid than thought.
Economists are not known for agreeing much with one another.
Regarding the challenge of how to achieve the required reduction of greenhouse gas emissions a majority of the most widely respected economists agrees however: carbon taxes.
This here is a survey of 365 economists who have published papers related to climate change “in a highly ranked, peer-reviewed economics or environmental economics journal” and the result is the same.
This survey also finds that compared with the general public (pie chart at the bottom) a much larger share of economists believes that climate change is a serious problem and that it is time to act now.
(Very much contrary to the caricature of economists in some media outlets.)
Years ago Lant Pritchett suggested an additional higher poverty line:
Back then the extreme poverty line was $1.25, he suggested to add $12.50 per day.
Now I want to update it:
I’m suggesting int.-$30 per day.
(arguments in the next tweet.)
What do you think about $30 per day?
This was how Pritchett arrived at his additional poverty line.
He followed the same logic that the UN/World Bank applies to arrive at the International Poverty Line (for extreme poverty)
I’ll share the calculations in the next tweet, but this is my overall thinking to get to $30 per day.
$30 per day is a very low poverty for one of the richer countries in the EU (Germany) and in line with the poverty line in a country a bit below the EU average (Spain).
new paper by Leigh Shaw‐Taylor in the Economic History Review:
An introduction to the history of infectious diseases, epidemics and the early phases of the long‐run decline in mortality