As part of PERC's Free Market Environmentalism Workshop, "Financial Contracting, Transaction Costs, and Environmental Amenities," Dr. Jonathan Karpoff offers the keynote address highlighting Ronald Coase and environmental finance. Chapter 2 offers an overview of the patron saints.
As part of PERC's Free Market Environmentalism Workshop, "Financial Contracting, Transaction Costs, and Environmental Amenities," Dr. Jonathan Karpoff offers the keynote address highlighting Ronald Coase and environmental finance. Section 3 highlights Ronald Coase's contributions.
Many jurisdictions have implemented bans or taxes on plastic grocery bags on environmental grounds. PERC Lone Mountain Fellow Jonathan Klick argues, however, that reusable grocery bags contain potentially harmful bacteria, especially coliform bacteria such as E. coli.
Focusing on externalities distracts economists from understanding how bargaining can solve problems without government intervention.
President Obama recently proposed a federal strategy to promote honey bee health. But an economic perspective may provide some lessons for the government task force.
Terry Anderson, Daniel Botkin
Good science combined with the right incentives will allow humans to live in harmony with ever-changing nature.
Terry Anderson, Gary Libecap
Environmental Markets is the inaugural book in Cambridge Studies in Economics, Choice, and Society, a new interdisciplinary series of theoretical and empirical research focusing on individual choice, institutions, and social outcomes.
Ethan Bearman interviews Terry L. Anderson, senior fellow at the Hoover Institution and the president of PERC, regarding the Keystone XL pipeline.
Reed Watson, Peter Hill, Shawn Regan, Laura Huggins
Listen as Aaron Flint of "Voices of Montana" talks with Reed Watson, P.J. Hill, Shawn Regan, and Laura Huggins about free market environmentalism.
With central planners promising such extraordinary economic returns from regulation, what could possibly go wrong?
Congress should not waste time debating a comprehensive climate change legislation in the coming year.
The death this week of Ronald Coase, one of the world's most-cited economists, comes at a time when there is lively debate about the very issue he raised: why neither markets nor government are panaceas.
The existence of “externalities” — effects (costs or benefits) of market transactions that are not experienced by those involved in the transaction, but are instead experienced by others, those “external” to the transaction — is routinely proffered as a justification fo
I am stunned and saddened to learn that Nobel Laureate economist Ronald Coase has died.
G. Tracy Mehan III
I just returned to Virginia, from Montana, where I had the privilege to serve as one of PERC’s Lone Mountain Fellows and participate in a colloquium co-sponsored by PERC and the Liberty Fund, Inc.
A reflection on the life of "one of the most important economists of the 20th century."
James M. Buchanan, the Nobel laureate in economics and father of public choice theory, has passed away at the age of 93. Buchanan's work formed the foundation for PERC's early research on environmental issues.
As part of the Lone Mountain Forum, "Reconciling Economics and Ecology," PERC President Terry Anderson sat down with noted ecologist Daniel Botkin to discuss the conference and the need for a dynamic approach to the study of markets and nature.
As part of the Lone Mountain Forum, "Reconciling Economics and Ecology," PERC Board Member Gerry Ohrstrom sat down with science writer Matt Ridley to discuss how economics and ecology can work together to find bottom-up solutions to environmental problems.
Many jurisdictions have implemented bans or taxes on plastic grocery bags on environmental grounds. PERC fellow Jonathan Klick argues, however, that reusable grocery bags contain potentially harmful bacteria, especially coliform bacteria such as E. coli.
As part of PERC's Free Market Environmentalism Workshop, "Financial Contracting, Transaction Costs, and Environmental Amenities," Micheal Orlando of Economics Advisors Inc. presents on financial contracting, energy, and the environment.
There has been plenty of confusion surrounding
Terry Anderson, Laura Huggins
In the past, the economy of the western United States depended on converting natural resources into lumber, metals, and hydroelectricity. More recently, the relationship to natural resources has moved from extraction toward protection. But this shift has led to acrimony and gridlock.
Understanding the relationship between economic development, assimilation, and tribal culture is challenging. This issue begins to explore some of the connections.
The connection between the fields of economics and ecology
G. Tracy Mehan III
The wilderness illusion and environmental realism
Justin B. Richland
Will economic growth in the 21st century erode or augment tribal culture?
Te Maire Tau
Reinstating indigenous rights to own property and build an economy in New Zealand
Paradoxically, economics has done more for nature than ecology has.
“In times of change learners inherit the earth; while the learned find themselves beautifully equipped to deal with a world that no longer exists.” —Eric Hoffer