Ecosystem services such as clean water from forests are free, but now their value is being recognized. Entrepreneurs are developing markets for these services and providing incentives for conservation.
In 1962, Congressman Wayne Aspinall wrote to President Kennedy asking him to establish a commission to review public land laws.
Most claims of environmental good from recycling are myths. Recycling often uses more resources than it saves.
For traditional environmentalists, 2010 is important because the first Earth Day occurred 40 years ago. For free market environmentalists, 2010 is more than an anniversary— it’s cause for celebration.
Water rights have evolved in recent years as parties express desires to sell, lease, or give water for environmental or recreational purposes.
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...
Marine life can become an asset to be nourished over time, not consumed in a wasteful race. Deacon draws on a large literature on the subject, but focuses on a novel management experiment in Alaska and one developing off along the California coast.
Economists devote page upon page of their textbooks to discussions of “public goods,” arguing that markets won’t supply them.
This paper summarizes the state of the academic literature on the implications of environmental justice.
Robert K. Fleck, F. Andrew Hanssen
Environmentalists, politicians, and scholars express concern about a "race to the bottom" in environmental policy. Yet economic theory indicates that a race to the bottom in environmental policy is highly unlikely, and there is little evidence that such races have, in fact, occurred.