Edward Conard

Top Ten New York Times Bestselling Author

  • “There are an amazing number of good ideas and interesting points made in Unintended Consequences. The thinking underlying it, and the obvious depth of understanding of the author, are very impressive.” - Steven Levitt, coauthor of Freakonomics; 2004 John Bates Clark Medal
  • “…a fresh argument for the productive value of inequality.” - David Autor, Professor of Economics, Massachusetts Institute of Technology
  • “…a must-read for serious students of economic policy.” - Glenn Hubbard, Dean, Columbia Business School, and former Chairman of the Council of Economic Advisers
  • “Unintended Consequences should be read by anyone who takes for granted the superiority of progressive taxation and has not thought carefully about the trade-offs involved.” - The New Republic
  • “…challenges misconceptions that distort our economic debates.” - Arthur Brooks, President of the American Enterprise Institute
  • “Unintended Consequences represents the most cogent and persuasive analysis of the Financial Crisis to date.” - Andrei Shleifer, 1999 John Bates Clark Medal Winner
  • “…serious thinking for serious thinkers. …a thought-provoking blueprint for growing middle- and working-class incomes.” - Mitt Romney, former Governor of Massachusetts
  • “Unintended Consequences is full of substance, it is one of the must-read books of the year, and once I finish it I will be giving it a second read through right away.” - Tyler Cowen, Professor, George Mason University
  • “Unintended Consequences provides a provocative interpretation of the causes of the global financial crisis and the policies needed to return to rapid growth. Whether you agree or not, this analysis is well worth reading.” - Nouriel Roubini, New York University; Chairman, Roubini Global Economics
  • “…a very valuable contribution.” - Larry Summers, former Secretary of the Treasury and director of the National Economic Council, president emeritus, Harvard University
  • “…reminds us that inequality sends a signal of what society lacks most, in America’s case, entrepreneurship and risk taking.” - Lawrence Lindsey, CEO, The Lindsey Group, former Director of the National Economic Council
  • “…a comprehensive explanation of the modern economy.” - Julian Robertson, Founder, Tiger Management
Upside of Inequality Oxford Unintended Consequences

AI Summary. Average global sea surface temperatures have risen by just over 0.1C (0.2F) per decade since 1970, about half the pace of the atmosphere, with the increase over the past year closer to 0.2C (0.4F) and far more intense marine heatwaves in some regions. Europe's Copernicus Climate Change Service reported a record average sea surface temperature just short of 21C (70F).

Clive Cookson Financial Times
Date Posted:

Heatwaves are currently impacting 44% of the oceans up from a 10% mean. NOAA forecasts 50% of the oceans will be experiencing heatwave conditions during September and October.

Are ocean temperatures rising faster than their long-term trend?

Core argument: Global average sea surface temperatures have risen by just over 0.1C/0.2F per decade since 1970, about half the pace of atmospheric warming, with the increase over the past year closer to 0.2C/0.4F.

Average sea surface temperatures across the globe have been rising by just over 0.1C/0.2F per decade since 1970 — about half as fast as the atmosphere. The overall increase in the past year is closer to 0.2C/0.4F, with much more intense marine heatwaves in some regions. On August 1, average global sea surface temperatures reached an all-time high just short of 21C/70F, Europe’s Copernicus Climate Change Service says. This record is particularly disconcerting because March is usually the hottest month for the world’s oceans.

Takeaways by Macro Roundup® AI

  1. Global average sea surface temperatures have risen by just over 0.1C/0.2F per decade since 1970, about half the pace of atmospheric warming, with the increase over the past year closer to 0.2C/0.4F.
  2. Europe's Copernicus Climate Change Service reports that average global sea surface temperatures hit an all-time high just short of 21C/70F on August 1, a record made more disconcerting because March is usually the oceans' hottest month.
  3. Marine heatwaves have been much more intense in some regions than the global rise in sea surface temperatures.

Related Articles:

  • What This Year’s ‘Astonishing’ Ocean Heat Means for the Planet — The planet's average sea surface temperature reached a record high and the ocean has stayed exceptionally warm, with North Atlantic readings running more than 2°F above typical levels and one buoy recording 101.1°F, possibly a world record. Scientists expect warm ocean conditions to continue as El Niño intensifies.
  • Warming Could Push the Atlantic Past a ‘Tipping Point’ This Century — New research projects that the Atlantic Meridional Overturning Circulation, the network of ocean currents shaping North Atlantic climate, could collapse around midcentury as human-driven warming slows it. A much weaker circulation could cool much of the Northern Hemisphere, speed sea-level rise along North American and European coasts, and reduce rainfall in Africa's Sahel and Asian monsoon regions.
  • The Rapid Loss Of Antarctic Sea Ice Brings Grim Scenarios Into View — Unusual wind and wave patterns are a leading short-term explanation for the loss of Antarctic sea ice, which holds the continent's coastal ice shelves in place. If those shelves collapsed, continental ice could flow rapidly into the oceans; the West Antarctic ice sheet alone holds enough water to raise global sea level by 11 feet.
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