Gary Libecap 11/08/2013
In the early twentieth century, L.A. purchased water rights by buying up farmland and conveying the water back to L.A. These purchases created a legacy of distrust and suspicion, as people began to view the trades as theft. Gary Libecap takes a second look at the L.A.-Owens Valley transfers.
Daniel Benjamin 02/20/2013
Property rights are essential for market exchange. The definition of those rights, their enforcement, and their transferability all help determine the extent of trade and the rate of economic development and wealth creation.
Roger Meiners, Andrew Morriss 04/11/2012
Rachel Carson's "Silent Spring" was a powerful book that presented an emotional argument against chemical pesticides that had already saved million of lives.
Daniel Benjamin 03/01/2012
Just as the market brought the bison to near extinction, so too has it brought them back from the brink.
Randal Rucker, Walter Thurman 01/14/2012
This policy series on Colony Collapse Disorder, a mysterious phenomenon affecting honey bees, shows how real people resolve environmental problems.
Laura Huggins 10/26/2011
The adoption of catch share fisheries system was adopted in a poor nation with a in Namibia's, an underdeveloped country in need of nutrition and commerce, shows that market-based reform is not a Western notion that conflicts with traditional values.
Daniel Benjamin 06/10/2011
Waterborne diseases are responsible for 20 percent of deaths in children under the age of five. Microbes such as E. coli found in fecal matter cause diarrhea that kills by dehydrating its victims.