This first appeared in the Planet Money newsletter. You can sign up here. Last week, news spread that a Chinese AI company, DeepSeek, had built a cutting-edge chatbot at a fraction of the cost of its ...
If, of late, you haven’t heard of or read about the Jevons Paradox, you likely will. Named after 19th-century British economist William Stanley Jevons who observed in his 1865 book The Coal Question, ...
Agriculture does not exist in a vacuum: Public policy, markets and social expectations can all disrupt the rebound effect. Jevons reminds us that efficiency changes behavior, but it does not dictate ...
Jevons paradox may remain somewhat obscure, but over the last few decades, it has been cited as a reason why more energy-efficient cars, appliances and light bulbs may fail to reduce our consumption ...