329 – Best albums of the 2010s

Where did the decade go? Here are my 20 favourite albums over the past 10 years.  In the previous two decades, my choice of best album was completely obvious and clear-cut: OK Computer in the 1990s and In Rainbows in the 2000s. This decade lacked such a standout album, so it wasn’t easy to settle read more »

328 – Weitzman discounting

Martin Weitzman (1942-2019) was an environmental economist who thought laterally. He made important contributions to the field in at least three areas. Here I’ll explain one of his clever insights: that uncertainty about the discount rate has an impact on the effect of discounting. At a function in his honour in 2018, Weitzman said “I’m read more »

327 – Heterogeneity of farmers

Farmers are highly heterogeneous. Even farmers growing the same crops in the same region are highly variable. This is often not well recognised by policy makers, researchers or extension agents. The variation between farmers occurs on many dimensions. A random sample of farmers will have quite different soils, rainfall, machinery, access to water for irrigation, read more »

326 – 60-second videos about our research

325 – Ranking projects based on cost-effectiveness

324 – NPV versus BCR part 3

323 – NPV versus BCR part 2

322 – NPV versus BCR part 1

321 – Communicating economics to policy makers

320 – Fixed costs and input rates