{"id":64306,"date":"2022-11-30T19:56:22","date_gmt":"2022-12-01T00:56:22","guid":{"rendered":"https:\/\/olduvai.ca\/?p=64306"},"modified":"2022-11-30T19:56:22","modified_gmt":"2022-12-01T00:56:22","slug":"why-economic-models-neglect-energy-and-why-thats-a-problem","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=64306","title":{"rendered":"Why Economic Models Neglect Energy, and Why That\u2019s a Problem\u00a0"},"content":{"rendered":"<div class=\"pod-content\">\n<div class=\"share-podcast\">\n<div class=\"top\">\n<div class=\"podcast-media\">\n<h3 class=\"pod-name\"><a href=\"https:\/\/www.podbean.com\/media\/share\/dir-fy3qd-15b2a58b?utm_campaign=w_share_ep&amp;utm_medium=dlink&amp;utm_source=w_share\">Why Economic Models Neglect Energy, and Why That\u2019s a Problem\u00a0<\/a><\/h3>\n<\/div>\n<div class=\"describe\">\n<div id=\"desc\" class=\"des\">\n<p>As the Fed raises interest rates to fight inflation, the economic models they use include energy as a small part of the overall picture. Is that model flawed?<\/p>\n<p>Jed Dorsheimer, head of Group Head of Energy &amp; Sustainability at William Blair and former advisor on US Energy Policy to the Obama Administration explains how dependent economic activity is on energy and an innovative framework that takes this into account.<\/p>\n<p>You can learn about Jed&#8217;s work at www.williamblair.com or at www.bpeinstitute.org<\/p>\n<p>For additional commentary on this episode and more, sign up for YDHTY&#8217;s email newsletter at www.ydhty.com\/news<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<p><i class=\"icon-chevron-up\"><\/i><\/div>\n<div class=\"player\">\n<div class=\"post-player\">\n<div class=\"video-player\">\n<div>\n<div class=\"aplayer-panel pbplayerBox theme7\" title=\"click to play\"><iframe src=\"https:\/\/www.podbean.com\/media\/player\/mini?media=https%3A%2F%2Fchtbl.com%2Ftrack%2F2BEG2G%2Ftraffic.libsyn.com%2Fsecure%2Fyoudonthavetoyell%2F3-16_-_JED_DORSHEIMER_-_FNL.mp3%3Fdest-id%3D1453403&amp;skin=1&amp;p=dir695184&amp;e=dir364029323&amp;t=1669850654&amp;f=s&amp;et=Why+Economic+Models+Neglect+Energy%2C+and+Why+That%27s+a+Problem+%7C+Jed+Dorsheimer&amp;pt=You+Don%27t+Have+to+Yell&amp;au=Dan+Sally&amp;l=https%3A%2F%2Fdeow9bq0xqvbj.cloudfront.net%2Fdir-logo%2F695184%2F695184_300x300.jpg&amp;s=e7ecec4301e1d69b46efc1338d72a0bc\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"more-episodes\">\n<h3><\/h3>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Why Economic Models Neglect Energy, and Why That\u2019s a Problem\u00a0 As the Fed raises interest rates to fight inflation, the economic models they use include energy as a small part of the overall picture. Is that model flawed? Jed Dorsheimer, head of Group Head of Energy &amp; Sustainability at William Blair and former advisor on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[4517,303,328,391,426,431,33439,13043,560,3650,33440],"class_list":["post-64306","post","type-post","status-publish","format-standard","hentry","category-economics","tag-economic-models","tag-fed","tag-fossil-fuels","tag-growth","tag-inflation","tag-interest-rates","tag-jed-dorsheimer","tag-modelling","tag-neoclassical-economics","tag-us-federal-reserve","tag-you-dont-have-to-yell"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/64306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64306"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/64306\/revisions"}],"predecessor-version":[{"id":64307,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/64306\/revisions\/64307"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}