[…] losses is modest in the context of the enormous American economy. Yet the estimates highlight a recurring feature of much extant and proposed federal environmental legislation. Restricting free interstate trade in trash will result in clear and demonstrable costs, leading to unequivocal reductions in our welfare. These will come in supposed anticipation of environmental […]
Benjamin. Daniel K. Benjamin reports that economists have come up with persuasive evidence that free trade reduces pollution.
Not the private sector, not the state of Florida. Rather, the people who are supposed to restore it.
[…] cool things off. In the far northern regions of Canada, the people of Nunavut are hoping that a glass of iceberg water might be even better. The plan is to harvest icebergs that have calved off nearby glaciers, melt them, bottle the water, and market it as clean drinking water to those who crave […]
Seth Norton shows that the impacts of rapid population growth are not as severe as most people believe. Even more important, he shows how changes in a country's legal system and economic framework can overcome the problems caused by population growth.
This paper, “Population Growth, Economic Freedom, and the Rule of Law,” is the third PERC Policy Series essay honoring the late Julian Simon, a path-breaking economist who revised traditional thinking on issues from population growth to natural resources.
[…] fortune. Markelsβ core idea is to use iron to increase fish in the ocean. Around 80% of the worldβs oceans have low fish populations because phytoplanktonβthe tiny plant organisms that float in the oceanβare scarce. Oceanographers hypothesize that lack of iron causes the barren areas. Adding iron should increase phytoplankton and thus fish. βThe […]
[…] a business venture headed by Kent Gilges and developed by the Nature Conservancy. Gilges offers landowners who βdepositβ their land in the Forest Bank a modest but reliable income over time. In return, Gilges will oversee management of all the banked properties, taking into account the ecology of the entire watershed. The Securities and […]
[…] a major highway I wrote covenants that allowed for craft stores on the highway frontage, but with restrictions on appearance, sign size, and lighting. On a historic plantation I helped the owner write covenants to protect the integrity of old buildings and fields. On a riverside property, I set aside an acre for public […]
[…] provides landowners with such advantages as hunting tags to sell directly to hunters and extended hunting seasons. In return, landowners make habitat improvements, often designing site-specific management plans. Ranching for wildlife leads to improved success rates and trophy animals for hunters, better habitat management for state game agencies, and wildlife viewed as assets rather […]