Forecast

North Carolina Needs King Cnut

May 30, 2012 Forecasting

And speaking of science and politics, North Carolina is considering prohibiting, by law, sea level rise. Here’s House Bill 819. And here’s an appropriately snarky, commentary by Scott Huler in Scientific American. According to North Carolina law, I am a billionaire. I have a full-time nanny for my children, I have won the Pulitzer Prize, […]

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Chronically Confident Calculations

May 29, 2012 Budget

In Bias in Government Forecasts, Jeffrey Frankel, an economist at Harvard’s Kennedy School asks the question, “Why do so many countries so often wander far off the path of fiscal responsibility?” In his the full paper at the Oxford Review of Economic Policy Frankel details how national governments (with very rare exceptions) propose consistently optimistic […]

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“We’re on a Roll”

December 2, 2011 Budget

How could, “we’re on a roll,” not be the quote of the day for budget geeks, especially in New York? Last night, New York Citizen One (formerly Albany Citizen One, but now renamed in honor of her expanding empire) attended the Audit & Finance Committee of the Albany County Legislature as they finalized their budget […]

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