Why Has CPI Inflation Calculation Changed Over Time?

Consumer prices are rising 8.3 percent in April compared to the previous year, the fastest in nearly 40 years. As popular anger over rising costs mounts, a chorus of critics argue the sky-high inflation figure is actually underestimated. In YouTube videos, conservative talk shows, and broadcasts by financial analysts, critics argue that over the past […]

A Carbon Calculation: How Many Deaths Are Emissions Caused?

In his article, Mr. Bressler incorporated the latest public health research into the latest version of the DICE model, which estimates the number of extreme deaths attributable to rising temperatures. The resulting extended model produced a surprisingly high figure for the social cost of carbon: $258 per metric ton. He coined a term for the […]