Jan 14, 2009 | 52
It's a topic that is likely to come up more and more after President-elect Barack Obama moves into the White House next week. Obama has said that preventing and reversing global warming will be a top priority in his administration—a change from the previous administration's stance that voluntary efforts would be enough—likely through a mandatory cap-and-trade scheme.
Under that type of program, the government sets a cap or overall level for pollution and polluters can trade licenses to pollute to keep within their levels. But opponents of such a scheme note that such a move would ultimately drive up energy costs, because power plant owners will pass along to consumers the costs of staying within the mandatory limits.
Oct 13, 2008
Well-known New York Times columnist and Princeton professor of economics Paul Krugman has been awarded the 2008 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
Krugman, 55, was recognized for his work on trade theory on the economies of scale. "In the context of both foreign trade and economic geography, the objective is to explain what goods are produced where," Sweden's Royal Academy of Sciences noted in a press release. "Theories of economic geography also attempt to specify the forces whereby labor and capital become located in certain places and not others."
Oct 1, 2008 | 3
It's Nobel time again, the holiday season of nerds and geeky gamblers. With the prize committee scheduled to announce this year's winners beginning Oct. 6, European Web sites are already taking bets, and a leading information-service provider is out today with its annual predictions.
Thomson Reuters names 15 scientists and six economists as the likely winners, based on how often their published works are cited in journals. This is the seventh straight year the company has offered its picks for the coveted prize; since then, it's been right less than one-fifth of the time, correctly predicting five of the 28 winners since 2002. (Thomson Reuters periodically identified likely winners as far back as 1965, correctly naming seven prior to starting its annual predictions in 2002.)
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This challenge provides an opportunity for Solvers to build a web-based or mobile “app” to explore data relationships in scholarly conte
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