People in Regina, Saskatchewan were shocked to learn their household glass wasn't being recycled. On CBC's Morning Edition, Dan Benjamin helped them understand why.
To recycle or not to recycle? That is the question.
A cautionary tale of ozone regulation
Professor of trash, Daniel Benjamin, discusses the economics of waste management with John Batchelor. Benjamin explains how recycling involves reusing valuable goods and that value is determine by market mechanisms, not government.
Just as the market brought the bison to near extinction, so too has it brought them back from the brink.
Property rights are essential for market exchange. The definition of those rights, their enforcement, and their transferability all help determine the extent of trade and the rate of economic development and wealth creation.
Waterborne diseases are responsible for 20 percent of deaths in children under the age of five. Microbes such as E. coli found in fecal matter cause diarrhea that kills by dehydrating its victims.
Economist, n. a scoundrel whose faulty vision sees things as they really are, not as they ought to be. —after Ambrose Bierce