The economics behind America's shale revolution.
Focusing on externalities distracts economists from understanding how bargaining can solve problems without government intervention.
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.
Terry Anderson, Gary Libecap
Environmental Markets is the inaugural book in Cambridge Studies in Economics, Choice, and Society, a new interdisciplinary series of theoretical and empirical research focusing on individual choice, institutions, and social outcomes.
Reed Watson, Peter Hill, Shawn Regan, Laura Huggins
Listen as Aaron Flint of "Voices of Montana" talks with Reed Watson, P.J. Hill, Shawn Regan, and Laura Huggins about free market environmentalism.
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.