Ethanol was once touted as a panacea to high fuel costs, energy independence, and even global warming. Now, after billions of taxpayer dollars and government mandates for its use, ethanol has become the usual suspect in global food shortages, skyrocketing food prices, and increased environmental degradation.
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On July 31 Milton Friedman would have turned 96. Why should you care? Because the revolutionary Nobel prize winning economist did more than any other person of his generation to advance his belief in freedom, free markets, and prosperity.
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While wealthy industrialized countries are struggling to convince their populations to adopt solar energy, dozens of villagers in rural Laos are standing in line to sign up with a small energy company that provides solar power.
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On the European front, a battle is raging over the rights to the title of first ecological nightclub.
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When America’s favorite and most garish eateries begin serving burgers made from grass-fed beef at the drive-through window, prepare for a revolution.
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Economists devote page upon page of their textbooks to discussions of “public goods,” arguing that markets won’t supply them.
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Economist, n. a scoundrel whose faulty vision sees things as they really are, not as they ought to be. —after Ambrose Bierce
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Can commercial and recreational fishermen work together for conservation? Donald Leal explores the idea.
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On July 18, Kevin Conatser became the poster child for trespassing fishermen everywhere. He earned that reputation when the Utah Supreme Court ruled that public ownership of state waters gave him—and every other Utah resident—the right to stand, wade, and fish on the privately owned stream beds beneath those waters.
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The skyrocketing price of oil and basic foodstuffs has captured worldwide attention. In Africa especially, it has prompted questions concerning the low economic returns to land under agricultural production; the lack of investment in agricultural infrastructure, technology, and education; the poor standards of land management; and the seeming inability of African farmers to respond efficiently to economic opportunities in domestic and world markets.
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