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.
Terry Anderson, D. Bruce Johnsen
Facing the "fiscal cliff," perhaps the president and Congress should start thinking in terms of the "foreclosure crisis." All lenders, whether a local home-loan bank or the Chinese government, expect to be repaid either from the borrower's income or, if that is insufficient, from the sale of assets...
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.
D. Bruce Johnsen
British Columbia could resolve its conflicts over salmon by an auction that resembles the 'rivalry potlatches' of the past.