An innovative water contract pays farmers to conserve.
In the Wall Street Journal, Gary Libecap and Robert Glennon discuss the West's outdated water laws.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.
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.
PERC Fellow, Gary Libecap, talks with John Batchelor on the history of mineral rights in the United States.
Thanks to secure property rights, this technology has the power to resuscitate our lagging economy.
The command-and-control viewpoint isn’t illogical. The American food supply is one of the safest in the world. But I submit that the current system fails to tap creative, market-based incentives to further improve food safety.
Agriculture as a stable, prosperous way of life is practically extinct. It doesn't need to be. We have the power within our consuming choices to make a remarkable difference.
Some of our most beautiful and amazing species of fish are at risk for extinction. Here’s how we can save them.
On the John Batchelor Show, Gary Libecap discusses the property rights alternative to international whaling agreements. This catch-share alternative would give individuals a stake in the whale fishery, which would likely improve the stock and lead to its long-term health.