Skip to content

About PERC

All Areas of Focus

All Research

Straw Houses

Withstand Huffs And Puffs To many of us, straw is nothing more than brown stubble left behind after the harvest. Once considered an agricultural waste product, straw is the basis of a cost-effective and energy-efficient building material, providing an alternative to expensive lumber. In Perrytown, Texas, on the high plains of the panhandle, Cindy ThyfaultContinue reading “Straw Houses”

Urban Sprawl: Pro and Con

By Randall G. Holcombe   The term “urban sprawl” has a bad ring to it. The name reinforces the view that metropolitan growth is ugly, inefficient, and the cause of traffic congestion and environmental harm. Before we decide we are against urban sprawl, however, we should be clear about what it is and why weContinue reading “Urban Sprawl: Pro and Con”

Prosperity and Environment

By Matthew Brown and Jane S. Shaw Deforestation, lack of safe drinking water, oppressive air pollution-these environmental ills are found frequently in Third World nations but rarely in developed ones. Even so, economic growth is still often portrayed as the cause of many (if not most) environmental problems. The economic literature has begun to addressContinue reading “Prosperity and Environment”

Forest – Saving Fashions

Native forests in New Zealand are being munched to death by millions of opossums. Introduced from Australia in the mid-1800s, the furry creatures have no natural predators in New Zealand. It is estimated that they are now 70 million strong and consume 20,000 tons of foliage every night. Although hunting and poison have been usedContinue reading “Forest – Saving Fashions”

Wilderness By Reservation

Private wilderness playgrounds are the future for quality outdoor recreation. At least that is what William Altenberg, Jr., is betting on. In northern New Hampshire, he leases 24,000 acres of timberland from the International Paper Company and offers hiking, biking, kayaking, and backcountry skiing to paying customers. He is building lodges, yurts, and a 100-mileContinue reading “Wilderness By Reservation”

Market for SO2 emissions

By Daniel K. Benjamin The results of the SO2 tradable emissions program are in– and the economists were right. Economists have long argued that tradable emissions permits are, in principle, superior to the command-and-control approach in reducing pollution. Traditional regulators have disagreed. The results of a pioneer trading program are now in, and they suggestContinue reading “Market for SO2 emissions”