The price is wrong: a reviewThis is going to be a negative review, because I disagree with the book’s central idea, but the book contains much I agree with.[1] For…Dec 8, 2024Dec 8, 2024
Impact and durationI have been thinking about the relationship between impact and the duration of investments. When should an impact investor tie their money…Apr 13, 2023Apr 13, 2023
Nominal interest rates and the cost of electricity (continued)I wrote a blog about how higher nominal interest rates won’t necessarily result in higher real electricity tariffs from renewables…Dec 20, 2022Dec 20, 2022
Is investment low because private return requiremOne of the things I learnt when writing the paper Risk, Return and Impact was how private equity investors think about required returns. I…Nov 16, 2022Nov 16, 2022
The economics of investment subsidies — draft terms of reference.I am looking for an academic economist (or economists) who:Apr 27, 2022Apr 27, 2022
Attribution (not contribution)Private businesses are usually financed by more than one investor, each of which may want to attribute some share of what those businesses…Feb 3, 2022Feb 3, 2022
Carbon taxesThis is a response to a Twitter thread with Eric Lonergan and Max Jerneck about climate policy and the economics of externalities, which I…Jan 10, 2022Jan 10, 2022
Impact Investing: a theory of social enterprises, by Ben Roth.[link to paper]Dec 15, 2021Dec 15, 2021
Indirect effects of investment on poverty are not trickledown economics.CDC is sometimes accused of practicing trickledown economics, because we talk about the indirect effects of investments and we want to…Apr 13, 2021Apr 13, 2021