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Ideas in economics, environment, agriculture, policy and more.

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Climate change, Environment, Natural resource management

50 – Parallels between dryland salinity and climate change

2 May, 200526 December, 2011 by David Pannell4 Min Reading

There is a remarkable number of similarities and parallels between climate change internationally and dryland salinity in Australia. They include the way that the seriousness

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Social issues

49 – Cultural differences

25 April, 200527 December, 2011 by David Pannell4 Min Reading

Some observations from a visit to the USA. Interesting differences in crowd behaviour and patriotism. International travel really helps highlight some of the things we

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Social issues

48 – Thinking like an economist 15: Economics and happiness

18 April, 200526 December, 2011 by David Pannell4 Min Reading

Richard Layard is an economist who works on happiness. He is interested in which factors are positively related to it, and what governments should do

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Economics

47 – Thinking like an economist 14: The sunk-cost fallacy

11 April, 200517 January, 2022 by David Pannell5 Min Reading

People are very susceptible to feeling that past expenditures matter in current and future decisions. If you’ve spent a lot of money on something, wouldn’t

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Economics, Policy, Politics, Water

46 – Fresh water for Perth 4: post-election wrap up

4 April, 200526 December, 2011 by David Pannell3 Min Reading

In the recent State Election for Western Australia, the loser was the political party that made headlines and controversy by promising to build a 3700

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Economics

45 – Thinking like an economist 13: What is the cost?

28 March, 200526 December, 2011 by David Pannell5 Min Reading

Economists treat costs somewhat differently to the way that accountants do. This article explains why and how. You run a business producing, say, furniture, or

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Recent Posts

  • 439. Environmental offsets 7. Offset duration

    For offsets to do their job, they need to be in place and delivering their benefits for at least as long as the development has

  • 438. Environmental offsets 6. Habitat quality

    In some environmental offset schemes, the “currency” used to measure impacts and benefits is vegetation or habitat. In these cases, it is important to account

  • 437. Environmental offsets 5. Setting the baseline

    Biodiversity offset schemes usually aim to deliver “no net loss” of biodiversity, but no net loss relative to what? What is the baseline? This question

  • 436. Environmental offsets 4. Time lags

  • 435. Environmental offsets 3. Risk of failure

  • 434. Environmental offsets 2. The currency for measuring impacts and benefits

  • 433. Depicting risk in graphs for farmers

  • 432. Environmental offsets 1. Introduction

  • 431. Webinar on economics of urban park designs

  • 430. Polarised public opinion

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Recent Posts

  • 439. Environmental offsets 7. Offset duration 3 November, 2025
  • 438. Environmental offsets 6. Habitat quality 29 October, 2025
  • 437. Environmental offsets 5. Setting the baseline 2 October, 2025
  • 436. Environmental offsets 4. Time lags 19 September, 2025
  • 435. Environmental offsets 3. Risk of failure 14 July, 2025
  • 434. Environmental offsets 2. The currency for measuring impacts and benefits 7 July, 2025
  • 433. Depicting risk in graphs for farmers 30 June, 2025
  • 432. Environmental offsets 1. Introduction 16 June, 2025
  • 431. Webinar on economics of urban park designs 30 May, 2025
  • 430. Polarised public opinion 26 May, 2025

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