The death this week of Ronald Coase, one of the world's most-cited economists, comes at a time when there is lively debate about the very issue he raised: why neither markets nor government are panaceas.
Paradoxically, economics has done more for nature than ecology has.
As overfishing depletes marine resources and reduces incomes for fishermen, a new approach giving fishermen a share in their fishery is soving by an environmental and economic problem. Catch-share management with a strong local leader in charge is winning converts around the world.
The “hockey stick” temperature graph is a mainstay of global warming science. A new book tells of one man’s efforts to dismantle it—and deserves to win prizes.
A 30th Anniversary Celebration ofPERC—Property and Environment Research Center
Under the name of environmental policy, the British government robs the rights of landowners.