In the Wall Street Journal, Gary Libecap and Robert Glennon discuss the West's outdated water laws. A policy overhaul, they argue, would allow efficient water markets and reward conservation.
President Obama recently proposed a federal strategy to promote honey bee health. But an economic perspective may provide some lessons for the government task force.
When environmental groups buy ranchers' permits, there's no need for the feds to start rustling up trouble.
The Farm Bill will make it more difficult for Asian catfish to enter the U.S. market. But critics say it’s a trade barrier in disguise.