{"id":12152,"date":"2015-02-23T09:00:50","date_gmt":"2015-02-23T14:00:50","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=12152"},"modified":"2015-02-23T08:08:47","modified_gmt":"2015-02-23T13:08:47","slug":"the-economics-of-hot-weather","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2015\/the-economics-of-hot-weather\/","title":{"rendered":"The Economics Of Hot Weather"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/02\/022315_1302_TheEconomic1.jpg\" alt=\"\" width=\"641\" height=\"426\" \/><\/p>\n<p>In the North East of the United States and freezing? Matthew Yglesias has, what many will consider, cold words of comfort. Cold days are better than hot days for the economy:<\/p>\n<ul>\n<li>Temperatures above 15 degrees Celsius reduce America&#8217;s economic productivity.<\/li>\n<li>This effect is only seen on weekdays, where a temperature above 30 degrees Celsius is expected to cost a country $20 per person.<\/li>\n<li>This is due to the heat&#8217;s effect on agriculture and because employees just don&#8217;t seem to like working when it&#8217;s warm out \u2013 even with air conditioning.<\/li>\n<li>If America could control the weather and optimize it for economic development then income growth could be boosted by 1.7% a year.<\/li>\n<li>This could explain why countries in the colder north \u2013 such as many European ones \u2013 are richer than countries in the warmer south.<\/li>\n<li>This also has implications for what climate change could do to economic growth.<\/li>\n<\/ul>\n<p>See some charts, read additional details, and find more over <a href=\"http:\/\/www.vox.com\/2015\/2\/16\/8046031\/extreme-cold-extreme-heat\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.vox.com\/2015\/2\/16\/8046031\/extreme-cold-extreme-heat\">Vox<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the North East of the United States and freezing? Matthew Yglesias has, what many will consider, cold words of comfort. Cold days are better than hot days for the economy: Temperatures above 15 degrees Celsius reduce America&#8217;s economic productivity. This effect is only seen on weekdays, where a temperature above 30 degrees Celsius is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12151,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2015\/02\/022315_1302_TheEconomic1.jpg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=12152"}],"version-history":[{"count":2,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12152\/revisions"}],"predecessor-version":[{"id":12154,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/12152\/revisions\/12154"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/12151"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=12152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=12152"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=12152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}