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Much Ado about Pigou

By Bruce Yandle Clemson University Economists, policy analysts, and politicians often rattle the bones of brilliant economists long passed when making a case for a favorite policy or legislative action. John Maynard Keynes has again become a popular icon for justifying deficit spending in the face of severe recession. There are other days when JosephContinue reading “Much Ado about Pigou”

Watch speakers at the Property Rights Forum

Randal O’Toole Senior Fellow at the Cato Institute Expertise: urban planning, public land, transportation "Property Rights for Rural and Urban Landowners" Link to presentation Steven L. Hayward Senior fellow at the American Enterprise Institute Co-author of the annual Index of Leading Environmental Indicators "Property Rights and the Global Commons: An Alternative to Kyoto-Copenhagen Climate Policy"Continue reading “Watch speakers at the Property Rights Forum”

Tiger Farms: A conservation idea
red in tooth and claw?

By Dean Irvine Could "tiger farms"—where the animals would be bred in captivity then culled for their body parts—help save the critically endangered animal in the wild? "Regulated tiger farms could provide enough tiger products to reduce the pressure on wild tigers from poaching," said Terry Anderson, executive director of the Property and Environment ResearchContinue reading “Tiger Farms: A conservation idea
red in tooth and claw?”

Seen, unseen costs of stream access

Watch News In one of the classic essays in economics, Frederic Bastiat describes how breaking a windowpane generates two types of effects: the “seen” and the “unseen.” The seen effect is the window’s repair. A repairman replaces the window and receives payment for this service. Thus, broken windows make window repairmen better off. The unseenContinue reading “Seen, unseen costs of stream access”

Performing due dilligence on green energy investments

By Andrew P. Morriss Madam Chairman and members of the Committee, thank you for the opportunity to testify before your Committee as you consider the important question of the role of public investment in alternative energy sources, such as solar power, and the impact of that investment on our economy. An aggressive push for publicContinue reading “Performing due dilligence on green energy investments”