Climate Change and Free Markets
If our challenge is “change,” we might do better by turning to America’s strength in financial services rather than its relative inexperience in centrally directing resources.
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Prices, Not Politics Should Allocate Water
Roman Polanski’s 1974 classic Chinatown starring Jack Nicholson and Faye Dunaway demonized water transfers in Southern California as the scam de jure of corrupt politicians and greedy land...
View ArticleRoads As Economic Development
Roads are a bedrock of the modern world, but recent research suggest that the “roads as economic development” policy deserves careful scrutiny.
View ArticleMeet PERC's Newest Board Member Brian Yablonski
Brian Yablonski is currently External Affairs Director for the Gulf Power Company, a subsidiary of the Southern Company, one of the largest electric energy companies in the nation. Yablonski has been...
View ArticleEnvironment v. Economy: Precaution or Peril?
Should the precautionary principle guide environmental policy? As Dino Falaschetti writes, rather than preventing harm, the precautionary principle can constrain economic opportunity while doing...
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Q&A with Carissa Wonkka on Managing Rangeland with Fire
Fires have been a hot topic this summer, especially in the West. PERC graduate fellow Carissa Wonkka’s current work focuses on the potential benefits of using controlled burns on private rangelands to...
View ArticleA Stimulating Deliberation
I just returned to Virginia, from Montana, where I had the privilege to serve as one of PERC’s Lone Mountain Fellows and participate in a colloquium co-sponsored by PERC and the Liberty Fund, Inc.
View ArticleRonald Coase R.I.P.
I am stunned and saddened to learn that Nobel Laureate economist Ronald Coase has died. As the author of such seminal works as “The Lighthouse in Economics,” “The Nature of the Firm, ” and “The Problem...
View ArticleCoase on Externalities
The existence of “externalities” — effects (costs or benefits) of market transactions that are not experienced by those involved in the transaction, but are instead experienced by others, those...
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Property Rights and the Emergence of Modern Life Expectancies
Between 1850 and 1950, the Western world witnessed remarkable and historically unprecedented improvements in human health and longevity. In the United States, life expectancy at birth among whites...
View ArticleQ&A with Ryan Abman on Deforestation and Local Politics
Ryan Abman, a PERC Graduate Fellow and a PhD candidate in the Department of Economics at the University of California-Santa Barbara, is examining the effects of political influence over local natural...
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Q&A with Max Auffhammer on Adaptation to Climate Change
UC Berkely economist Max Auffhammer recently visited PERC as a 2013 Lone Mountain Fellow to continue his extensive research of h
View ArticleConservatives and Environmental Regulation
There is fairly broad opposition to centralized environmental regulation within the Republican Party today. Conservative activists in particular focus their ire on the Environmental Protection Agency...
View ArticleIs the Federal Government Shutdown Forcing Closure of Privately Run Facilities?
Bryan Preston reports that the federal government is ordering private contractors to close campgrounds and the like on federal lands even where such properties do not rely upon federal funds to...
View ArticleClimate Change Goes Back to Court
The Supreme Court has granted certiorari in Utility Air Regulatory Group v. EPA concerning the Environmental Protection Agency’s regulation of greenhouse gases under the Clean Air Act. PERC's Jonathan...
View ArticleRemember Coase on Your Next Flight
The next time you fly in or out of Bozeman, Montana, remember Ronald Coase and his wisdom about markets as problem solvers.
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Q&A with Stephen Arbogast on the Future of Global Energy Markets
What's ahead for global energy markets? How will the U.S. shale revolution affect our energy future? To find out, we asked Stephen Arbogast, an expert with more than thirty years of experience in...
View ArticleInnovation Overcomes Scarcity: Nickel Pig Iron Edition
What does “nickel pig iron” have to do with free market environmentalism? It provides an excellent example of how markets and, in particular, rising commodity prices spur innovation and resource...
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Celebrating Aldo Leopold's 127th Birthday
Aldo Leopold is considered an icon of the environmental movement―primarily for his call for a heightened environmental consciousness in the form of a “land ethic.” Leopold writes, if people would...
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