John Batchelor interviews Kurt Schnier about PERC’s Enviropreneur Institute. He explains how the value of goods is reflected in prices, and how markets can improve environmental amenities.
Can market forces balance efficiency-equity tradeoffs in marine fisheries?
This research empirically investigates cooperative behavior in a natural resource extraction industry in which the provision of a public good (bycatch avoidance) in the Alaskan flatfish fishery is essential to the duration of the fishing season, and an information provision mechanism exists to...
Author 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.