Complex Effects

Complex Effects

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Complex Effects is a newsletter on economics, policy ideas, climate change, and more.

Don't blame ABQ pedestrians for poor road safety 07/10/2023

Don't blame ABQ pedestrians for poor road safety Poor infrastructure and car domination endanger ABQ's Native, Hispanic, and Black lives

The policies (and lack thereof) that lead to bank crises 06/23/2023

A recent report from economists at the Barcelona School of Economics explains how U-shaped monetary policy increases the risk of banking crises. What can policy-makers do to detect and reduce financial risks that arise throughout a business cycle?

The policies (and lack thereof) that lead to bank crises U-shaped monetary policy, Silicon Valley Bank, and the role of macroprudential policies in tomorrow's economy

State Governments Look to North Dakota for Public Banking Guidance 06/21/2023

State Governments Look to North Dakota for Public Banking Guidance Public banking in North Dakota has survived, seemingly, against the odds. Being a traditionally "socialist" form of banking, the Bank of North Dakota has withstood 100 years and is the only state-owned bank in the United States. While public banking has taken form around the world, the most prominen...

State Governments Look to North Dakota for Public Banking Guidance 06/21/2023

Public banking in North Dakota has survived, seemingly, against the odds. Being a traditionally "socialist" form of banking, the Bank of North Dakota has withstood 100 years and is the only state-owned bank in the United States. Today, several left-leaning states in the US are seeing the idea come back to life as state governments look for sustainable ways to stimulate their economies and keep their financing options local.

State Governments Look to North Dakota for Public Banking Guidance Public banking in North Dakota has survived, seemingly, against the odds. Being a traditionally "socialist" form of banking, the Bank of North Dakota has withstood 100 years and is the only state-owned bank in the United States. While public banking has taken form around the world, the most prominen...

Parking lots (of wasted space) 06/16/2023

Parking lots (of wasted space) The US has built cities for cars, not people

New Mexico has a population crisis 06/09/2023

New Mexico has a population crisis NM should attract residents with affordable housing and more rights for immigrants

We should put the environment on the balance sheet 05/28/2023

We should put the environment on the balance sheet Decoupling, carbon taxes, and unrealistic environmentalists

NM Climate Investment Center bill advances through first committee 02/10/2023

There are lots of climate bills making their way through the NM legislative session!

SB169, aka the green bank bill, advances through the senate conservation committee.

NM Climate Investment Center bill advances through first committee SB169 looks to fund NM climate action and attract big federal IRA grants

Investment in ABQ's public-transit would boost city's housing, economic, and climate initiatives 11/28/2022

Investment in ABQ's public-transit would boost city's housing, economic, and climate initiatives Research shows transit investments would reduce carbon emissions, lower transportation costs, and increase economic development.

Strategic zoning could improve quality of life in Albuquerque 09/08/2022

Strategic zoning could improve quality of life in Albuquerque How to build a city with more home-owners, cleaner air, and healthier people

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Santa Fe, NM