Economics Department at UC Davis
Professor David Rapson and co-authors rebut the NY Times Op-Ed piece by Nordhaus and Shellenberg in which they argue that LED lightning, while deserving the Physics Nobel prize, is not an energy panacea.
New research by Òscar Jordà, Moritz Schularick and Alan Taylor (and quoted by Amir Sufi in the Financial Times) shows that today’s banks are not primarily involved in business lending. Instead, they make mortgages. From 1940 to 2010, the proportion of bank lending dedicated to mortgages across 17 advanced economies (including the Germany, the UK, and the US) rose from 30 per cent to 60 per cent.
Work by Oscar Jorda and Alan Taylor featured in the Financial Times.
Gregory Clark writes for Foreign Affairs on Immigration and Inequality
Graduates rank 19th in U.S. programs for quality-adjusted output, 5th among public universities
Greg Clark has been invited to deliver the plenary speech at the 27th Annual Human Behavior and Evolution Society Conference
Benjamin Friedman reviews Greg Clark's book in the Atlantic Monthly