All Posts Tagged With: "environmental quality"
Free Trade and the Climb Out of Poverty
Over the thousands of years of human history, poverty and early death have been the norm, with comfort and longevity the exceptions. The improvements in the human condition, at least on average, seen over the course of the twentieth century dwarf the improvements of the previous centuries combined. By virtually any measure one can imagine, [...]
1Mar2005 | Steven Horwitz | 0 comments | ContinuedGasoline Prices: Why So High Last Spring?
Ben Lieberman is senior policy analyst with the Competitive Enterprise Institute in Washington, D.C. Gasoline prices rose an average of 31 cents per gallon between late March and May of this year, with consumers in some parts of California and the upper midwest paying more than two dollars well into June. As with other recent [...]
1Oct2001 | Ben Lieberman | 1 comment | ContinuedReducing the Cost of Reducing Pollution
As we discussed last month, the efficient amount of pollution is not likely to please many. The problem is that everyone in an area has to consume the same amount of environmental quality while the value of that quality and the price paid for it vary from person to person. Some will want less than [...]
1Jul2001 | Dwight R. Lee | 0 comments | ContinuedAre People Pleased with the Efficient Amount of Pollution?
It is clear that zero pollution is not a reasonable goal once we recognize that polluting creates benefits as well as costs. Long before we reduced pollution to zero, there would be so much environmental quality and so few manufactured goods that the marginal value gained from increasing pollution would be greater than the marginal cost.
1Jun2001 | Dwight R. Lee | 1 comment | ContinuedThe Efficient Amount of Pollution
When environmentalists argue that the costs of protecting the environment should be ignored, they quickly find themselves in a box. The only way to protect environmental quality in some ways (say, reducing water pollution) is by harming it in other ways (say, increasing air pollution).
1May2001 | Dwight R. Lee | 0 comments | ContinuedA Vote for Optimism
As the twentieth century draws to a close and a new millennium begins, should we be optimistic or pessimistic about the course of the human race? Expect pundits and prognosticators of every persuasion to be offering up their views on this weighty question between now and the year 2000. Count me among the optimists. Not [...]
1Apr1996 | Lawrence W. Reed | 0 comments | Continued-
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Capitalism, Corporatism, and the Freed Market
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Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
