January 29, 2010 Denmark has the highest income taxes in the world, but it also enjoys low unemployment and steady economic growth. Economists debate whether Denmark is a model economy, or just a lucky one.
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January 25, 2010 By David Kestenbaum
The other week we asked the question, is Denmark the awesomest economy on earth?
Denmark has a huge welfare state so everyone is taken care of, but it also has some of the world's highest taxes which would tend to slow econo...
January 22, 2010 One of the biggest sticking points with the plan to overhaul health care has been how to pay for it. The Senate wants to impose a so-called "Cadillac Tax." That is, a tax on the most expensive health care plans. Economists say in the long run the tax would result in companies offering less expensive health plans. The money the company saves would then translate into higher wages.
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January 19, 2010 Listeners question whether Denmark's high taxes mean the country will never win the World Cup.
January 8, 2010 It's said that information is power but could information mean less power, when it comes to electricity use? Environmentalists and makers of so-called smart meters are convinced that's the case. They say if consumers could see in real time how much power they're using, they'd conserve more. But some behavioral economists say no way. They say electricity is so cheap that real-time information might lead people to run their lights and gadgets even more.
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January 6, 2010 As part of his plan to fix the financial system, President Obama wants to establish a giant new regulator called the Consumer Finance Protection Agency, with broad powers to monitor financial products and protect consumers. But over the past couple months, several businesses have all been working to exempt themselves from the agency's oversight.
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December 19, 2009 The climate change deal negotiated late Friday night in Copenhagen almost didn't happen. And for some, it's still too little, too late. The deal was brokered in the final hours of the conference. And it all hinged on one particular sentence.
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December 18, 2009 If you're having trouble understanding why the Copenhagen talks are making such slow progress, try imagining having 193 children in your family. And every little decision has to be reached by consensus. You'd be lucky to get through breakfast. At the climate talks, 193 countries are trying to find common ground.
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December 17, 2009 At the climate conference in Copenhagen, all the talk is over how to reduce carbon emissions. For economists, the problem boils down to one thing — putting a price on carbon emissions. Generally, placing a price on a commodity — corn or soy or a car — is a fairly easy matter. But putting a price on carbon presents particular challenges.
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December 17, 2009 World leaders are nearing the end of the climate meeting in Copenhagen. President Obama arrives Friday. There's a certain irony to the talks aimed at reducing greenhouse gas emissions. By just having the summit — all the airplane flights, hotel rooms and taxi rides — generates a lot of carbon.
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December 15, 2009 Bjorn Lomborg, author of The Skeptical Environmentalist, is roaming the halls of the U.N. climate talks in Copenhagen. While Lomborg believes climate change is real, he thinks the approach being taken to fight it is doomed to failure. Lomborg also famously led a team of economists who ranked climate change low on a list of priorities when compared to things like combating disease. Needless to say, Lomborg is not a popular figure at the talks.
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December 14, 2009 By David Kestenbaum
More drama here at the climate talks in Copenhagen. This morning African delegates forced a stop to some proceedings, though now everyone seems to be back in the room talking again.
Also there was this fake press release tha...
December 14, 2009 By David Kestenbaum
I'm set up here in Copenhagen with my colleague Richard Harris. The place is entirely overwhelming, like an indoor city with 4 restaurants and several nieghborhoods, one for journalists, one for diplomats, one for the environ...
December 10, 2009 Some readings on economics and climate change, and why a climate treaty may be the hardest the world has ever tried to negotiate.
December 9, 2009 Some prostitutes in Copenhagen are offering their services for free to climate talk delegates. They are protesting a campaign by city officials that tries to discourage visitors from paying for sex.
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