Thomas Piketty has become, if such a thing exists, an economics celebrity with a book that has fundamentally challenged some of the underlying
assumptions about the efficiency of capitalism in delivering benefits for all.
Not exact matches
What distinguishes the American left from the right are
assumptions about long - term
efficiency.
In comments we recently submitted, NRDC, other environmental groups, consumer advocates, customers, and electricity generation and supply companies detailed numerous errors in the ISO's
assumptions, including its
assumptions about future growth in gas and electricity demand, energy
efficiency, and renewable energy, which skew the study results toward a grid that appears more susceptible to fuel security risks.
Using many optimistic
assumptions about technology developments and energy
efficiency, they estimated that the cost:
Yet many of the chief proponents of energy
efficiency make problematic
assumptions about how effective such measures are, neglecting a growing body of expert literature.
Because the models have been built to test man's possible impact on the climate via greenhouse gas emissions, they begin with an econometric forecast of world economic growth, and, based upon
assumptions about fuel sources and
efficiencies, they convert this economic growth into emissions forecasts.