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.
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.
In this policy series, Alison Berry continues her work on the quality of forests that result under different management schemes. She contrasts side-by-side forests in Montana. One is operated by the United States Forest Service under the watchful eye of Congress. The other is run by Indian tribes...
The Forest Service cannot take responsibility for its neighbors
Under the name of environmental policy, the British government robs the rights of landowners.
The forests of North America represent enormous natural bounty. Yet, in the United States at least, the benefits of this wealth of nature are not being fully realized. Taxpayers lose money on their public forests, and the forests face severe ecological threats.
Last year, I began investigating forestry outside the United States, seeking innovations. I found strikingly different approaches just north of the border, in Canada.