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Happy Holidays and Merry Christmas!

  ‘Tis The Season When PERC opened its doors in 1980, free market environmentalism (FME) was considered an oxymoron; environmentalists saw markets as an enemy, not an ally. Now, thanks to PERC, the largest and oldest think-tank focusing on market solutions to environmental problems, FME is being tried and tested around the world. In Africa,Continue reading “Happy Holidays and Merry Christmas!”

A Look At The Bottom One Percent

“At a time when there’s a spotlight on America’s richest 1%, a look at the country’s 310 Indian reservations–where many of America’s poorest 1% live–can be more enlightening.” Indian reservations are home to some of the nation’s poorest people. According to John Koppisch, a senior editor at Forbes Magazine, explanations often point to “alcoholism, corruptionContinue reading “A Look At The Bottom One Percent”

Going Off the Rails Against the REINS Act

Today the House of Representatives is expected to vote on the REINS Act, a bill to enhance political accountability over regulatory decisions. The bill has two essential features. First, it bars new “major” regulations (those anticipated to cost more than $100 million annually) from taking effect unless approved by both houses of Congress. Second, it createsContinue reading “Going Off the Rails Against the REINS Act”

Q&A with Steven Medema on the Coase Theorem and Environmental Economics

There has been plenty of confusion surrounding the work of Ronald Coase since his article “The Problem of Social Cost” appeared in 1960 – so much, in fact, that two scholars wrote in 1992 that the so-called Coase theorem has “generated a negative externality for economists.” To clear up some of the confusion, we talkedContinue reading “Q&A with Steven Medema on the Coase Theorem and Environmental Economics”

Utopian Environmentalism

Don’t miss Steven Greehut’s article in City Journal on environmentalists waging war on rural property owners. Greenhut explains how he fell in love with California the moment he crossed the Colorado River into the Mojave and how he understands the desire to protect these landscapes. “Everybody needs beauty as well as bread, places to play in and pray in, whereContinue reading “Utopian Environmentalism”