Category Archives Economics

Garnaut takes the right stance. For so long, the big issue with emissions trading was how permits would be allocated. This was an issue not because it would matter for efficiency but it would determine how the costs of dealing with climate change would be shared. This distributional issue looms large in most economic reform efforts. Ross Garnaut has come…

Toyota Expects to Post Operating Loss. In a sign of how the global economic crisis is hurting even the mightiest carmakers, Toyota said it will lose money in its core automaking business for the first time in 70 years. [NYT > Home Page]

Sony Reader Gets 500,000 Free Public Domain Titles from Google. Google made a practical move with some of the 7 million books it's scanned from academic collections by making 500,000 titles with no remaining copyright protection available to Sony for its electronic book device, the Reader. Reports indicate only books from 1922 or earlier were included, as 1922 is the…

Slow Going for Alt Vehicles. A new DOE report predicts how many vehicles will use alternative fuel by 2030. Looks like by the time Jenna Bush or Chelsea Clinton consider presidential runs, 72 percent of vehicles will rely entirely on the trusty internal combustion engine for power. In Autopia. [Wired News: Top Stories]

Chrysler Eliminating 13,000 Jobs . DaimlerChrysler AG will eliminate 13,000 U.S. workers, idle one truck factory and cut shifts at two others as part of a recovery plan announced today for the Detroit-based Chrysler division. Company officials refused to rule out a merger, sale or spin-off of the division. By Sholnn Freeman. [washingtonpost.com - Business News From The Washington Post]

A report to the Council of Australian Governments. Drawing on public submissions to its discussion paper, Australia's Future Infrastructure Requirements, this paper examines the national and local challenges for the provision of improved economic infrastructure. [Creative Economy : Reports]

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