PERC Senior Fellow Bruce Yandle orginated the theory of Bootleggers and Baptists in the early 1980s. In essence, two different groups suppor the same, regulations, but benefit from different effects of the regulation. Has anything changed?
Types Archives
China’s growing wealth and economic power
bodes well for the US
China’s growing wealth and economic power means it also vested in seeing the US propser as it holds a huge amount of US debt and remains an important trading partner.
Market Solution for our Water Wars
Where water markets are being allowed to work, prices reflect scarcity and trades provide incentives to conserve.
Using economic incentives to connect U.S. forests, water, and communities
Todd Gartner, a 2007 Enviropreneur Institute alum, describes how economic incentives can be used to connect forests, water, and communities. Working with the World Resources Institute he discusses his work on two pilot projects that are connecting the buyers of ecosystem services with the sellers of the services.
Bootleggers, Baptists, and Political Entrepreneurs
PERC Senior Fellow Randy Simmons and co-authors expand on the Bootleggers and Baptits theory of inefficient government regualtion by addding the political entrepeneur to the mix.
Julian Simon’s theories are alive and well
By Linda Platts PERC Fellows along with many other natural resource economists congratulate New York Times science writer and columnist John Tierney for winning a wager that took five years to resolve. It resembles the famous 1980 bet between economist Julian Simon and ecologist Paul Ehrlich about the future price of natural resources. Tierney plans toContinue reading “Julian Simon’s theories are alive and well”
Swiss Christmas gift comes with a price tag
The Federal Government continues to acquire more land, much of it is donated, but the cost of land maintenance at this scale is immense and the feds do not have the funds to do the job.
Terry Anderson wins Annual Award from Prague’s Liberálnà Institut
Every year since 1989, the Liberální Institut in Prague presents an internationally known scholar with its Annual Award, recognizing their "contribution to the proliferation of Liberal thinking and making ideas of liberty, private property, competition and the rule of law come true." Terry Anderson has been honored with the Annual Award for 2011. He is recognized forContinue reading “Terry Anderson wins Annual Award from Prague’s Liberálnà Institut”
Will regulation guarantee safe food?
By Paul Schwennesen We all want safe food. Question is, how do we get it? “There oughta be a law,” seems to be the generally conceived approach, as evidenced by recent passage of the now-famous food safety bill. A tidy and altogether comforting solution: simply slay the beast of dangerous food with the bludgeonContinue reading “Will regulation guarantee safe food?”
Romance in the parks
At the annual meeting of the Society for Enviromental Journalists, PERC researcher Holly Fretwell suggested that the national parks would benefit most from earning their own funds from entrance fees rather than depending on politicians to hand over more tax dollars. Meanwhile, the parks continue to deteriorate.