What’s Cooler Than Being Cool?

Written by Ryan McGuine // Cooling enables many things that are taken for granted in modern life, including keeping indoor spaces comfortable, and preserving food and medicine. Refrigeration works by boiling a refrigerant to remove heat from a space and condensing it to dump the heat outside, a cycle which needs a high rate of … Continue reading What’s Cooler Than Being Cool?

Environmental Kuznets Curve

Written by Ryan McGuine // In the 1950s, Simon Kuznets postulated that as economies become wealthier, the level of inequality there would increase, then decrease. When plotted against income per capita, this creates the inverted-U shaped curve seen below. Around 1991, Gene Grossman and Alan Krueger noted a similar inverted-U shaped relationship between income levels … Continue reading Environmental Kuznets Curve