economics

Environment
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Study: Climate change will perpetuate U.S. inequality

Unmitigated climate change will make much of the United States poorer and generally exacerbate rising wealth inequalities, according to a new study. For every one degree Celsius rise in global temperatures, the study projects that the country will lose about 1.2 percent of its Gross Domestic Product. The economic impact of climate change will not be uniform, say the researchers in this week’s Science magazine, with a few regions possibly experiencing gains.

Human Rights
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Homophobia costs countries $100 billion a year, economist argues

Gay, lesbian, transgender and other people who represent gender or sexual diversities face enormous stigma in their communities, by one estimate undermining the potential economic contribution these people could be making worldwide by $100 billion annually. This figure, calculated by lead UNAIDS researcher and health economist Erik Lamontagne, is at best a conservative estimate because data on some groups is limited.

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