Friday, June 27, 2025
From a book chapter by Ted Schrecker and Clare Bambra:
“‘Austerity is the calling card of neoliberalism’, wrote Lancet editor Richard Horton in 2017. We describe the austerity of US welfare ‘reforms’ of the 1990s and then identify the 2007–2008 financial crisis as the window of opportunity for austerity in Europe. In the UK, we focus specifically on effects on the health effects on low-income households, local government services, and the National Health Service—all negative, sometimes disastrously so. Both in the UK and in the US, impacts fell disproportionately on the poorest and most vulnerable people and regions. Effects on poverty and its sequelae were especially severe. Predictably, health inequalities in the UK increased. We conclude with a provocative description of austerity as a large-scale human experiment, analogous to the structural adjustment programmes that were used to promote neoliberalism starting in the 1980s, and with one scholar’s description of austerity in the UK as a human rights violation.”
From a book chapter by Ted Schrecker and Clare Bambra:
“‘Austerity is the calling card of neoliberalism’, wrote Lancet editor Richard Horton in 2017. We describe the austerity of US welfare ‘reforms’ of the 1990s and then identify the 2007–2008 financial crisis as the window of opportunity for austerity in Europe. In the UK, we focus specifically on effects on the health effects on low-income households, local government services,
Posted by 9:33 AM
atLabels: Inclusive Growth
From a book chapter by Ted Schrecker and Clare Bambra:
“‘The inequality machine is reshaping the planet’, wrote the editor of Le Monde Diplomatique in 2013. Rising inequality of income and wealth is one of the distinguishing characteristics of the neoliberal era; we provide descriptions first on a global scale and then on the national, noting the role of labour market transformations and the financial crisis. Poverty is a manifestation of inequality with especially negative consequences for health; we examine trends in the UK and the US, and contrast them with the simultaneous increases in wealth accumulation. We then provide three more focussed case examples: spatial inequalities in health in England; incarceration in the US; and unequal distribution of risks and benefits from the activities that generate climate change. We conclude with a review of evidence that economic inequality makes life worse for almost everyone in the societies affected, not just those at its sharp end.”
From a book chapter by Ted Schrecker and Clare Bambra:
“‘The inequality machine is reshaping the planet’, wrote the editor of Le Monde Diplomatique in 2013. Rising inequality of income and wealth is one of the distinguishing characteristics of the neoliberal era; we provide descriptions first on a global scale and then on the national, noting the role of labour market transformations and the financial crisis. Poverty is a manifestation of inequality with especially negative consequences for health;
Posted by 9:32 AM
atLabels: Inclusive Growth
From a paper by Charlotte Liotta and Jeroen van den Bergh:
“The long-standing growth-versus-environment debate has centered on national and global scales, devoting little attention to cities despite steadily increasing urban concentrations of population, activities and emissions. This Perspective clarifies how this debate plays out for cities by relating four urban growth dimensions—economic, population, spatial and environmental—to the narratives of green growth, degrowth and post-growth. To this end, we review theoretical and empirical insights about links between growth dimensions. Specific issues addressed include horizontal spillovers among cities, vertical policy integration and local experiments. Thus we connect the abstract growth-versus-environment debate to evidence regarding urban environmental policy.”
From a paper by Charlotte Liotta and Jeroen van den Bergh:
“The long-standing growth-versus-environment debate has centered on national and global scales, devoting little attention to cities despite steadily increasing urban concentrations of population, activities and emissions. This Perspective clarifies how this debate plays out for cities by relating four urban growth dimensions—economic, population, spatial and environmental—to the narratives of green growth, degrowth and post-growth. To this end, we review theoretical and empirical insights about links between growth dimensions.
Posted by 9:30 AM
atLabels: Energy & Climate Change
On prices, rent, and mortgage:
On sales, permits, starts, and supply:
On other developments:
On prices, rent, and mortgage:
Posted by 5:00 AM
atLabels: Global Housing Watch
Sunday, June 22, 2025
From a paper by Boyang Lia, Runze Chena, and Yuqin Dua:
“The power generation mix in China heavily relies on fossil energy sources, impeding
the advancement of clean power generation and emission reduction efforts. This paper
presents a macroeconomic model incorporating Emissions Trading Systems (ETS),
clean energy subsidies, and intertemporal learning behavior. It examines how carbon
pricing and clean subsidy policies influence the power generation sector and emission
reduction goals. The findings indicate that (1) pricing strategies based on total
emissions effectively drive emission reductions but may not adequately incentivize
cleaner energy transitions. (2) Increasing clean energy subsidies encourages a shift
towards cleaner technologies, although the impact on emission reductions is moderate.
(3) Combining both policies proves to be more effective than implementing either one
alone. (4) There exists a gap in understanding the clean power generation industry, with
both policies contributing to knowledge accumulation in this sector. The insights from
this study are valuable for countries employing ETS mechanisms.”
From a paper by Boyang Lia, Runze Chena, and Yuqin Dua:
“The power generation mix in China heavily relies on fossil energy sources, impeding
the advancement of clean power generation and emission reduction efforts. This paper
presents a macroeconomic model incorporating Emissions Trading Systems (ETS),
clean energy subsidies, and intertemporal learning behavior. It examines how carbon
pricing and clean subsidy policies influence the power generation sector and emission
reduction goals.
Posted by 8:35 AM
atLabels: Energy & Climate Change
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