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...lately the situation has gone from bad to, well, perverse. "One of the frustrating paradoxes of the recession is falling real estate markets and rising property taxes," says Kurt Wenner, research director at Florida Tax Watch in Tallahassee. A 2008 state reform, as well as another scheduled to go into effect next year, has reduced some of Florida's property-tax burden by making the cap more generous and accessible to more residents. But because of arcane provisions in the homestead law, government appraisers can tell a homeowner that although his house's current market value may be as depressed...
...receive in development aid. The WHO offers a series of intuitive fixes for this growing problem: buckle down on speed limits, reduce drunk driving and tighten seat-belt laws. With pedestrians, cyclists and other "vulnerable road users" accounting for 46% of all traffic deaths, the report concludes that more research on road planning and design is needed as well. A scourge as lethal as many contagious diseases, car crashes are just as preventable. There's plenty of work left to be done...
...here's my assessment: So what? A recession is defined by the Business Cycle Dating Committee of the National Bureau of Economic Research, the semiofficial arbiter of such matters, as a "significant decline in economic activity spread across the economy." It's certainly better for economic activity to be increasing rather than decreasing, but the focus on whether the economy is in recession or not can miss a lot. "I don't care about what the dating committee says. I'm concerned about longer-term issues," says Yale economist Robert Shiller. "We are in for an extended period of subnormal...
...Keohane. But over the long run, we need to cut carbon out of our energy supply - and that means vastly increasing the role of renewables like solar and wind, along with low-carbon sources like nuclear and even coal with carbon capture. That will require plenty of hard scientific research to bring down the price of renewables - they have to be competitive not just in the U.S., but in countries like India and China, which will emit the vast majority of new carbon emissions in the future. "This legislation will finally make clean energy the profitable energy," said President Obama...
...needs to be overhauled. Fertilizer subsidies mostly benefit rich farmers and lead to gross overuse. "Subsidized electricity for farmers encourages excessive use, both of electricity and groundwater. And because it is mostly generated from coal, it results in a large amount of CO2 emissions," says Gerald C. Nelson, Senior Research Fellow at the International Food Policy Research Institute based in Washington D.C. Dr Rajeswari S. Raina, senior fellow at the Centre for Policy Research in New Delhi, adds that India needs a coherent policy on rainfed agriculture. "The national agriculture policy talks exclusively about irrigated agriculture despite 60% of Indian...