All Posts Tagged With: "the tragedy of the commons"

Consumption Must Be Curtailed to Sustain the Human Race?

Jared Diamond, in a January 2 op-ed in the New York Times, argues for a political solution to what he sees as a looming “consumption crisis” facing humanity. He notes that the current consumption of many resources, such as oil and metals, is roughly 32 times higher in the developed than in the developing world [...]

1Apr2008 | Gene Callahan | 1 comment | Continued

The Economics of Property Rights

Property rights play a critical role in a wide range of economic institutions. From understanding why owners are generally better stewards of property than renters to finding ways to resolve environmental problems, property rights are at the center of the analysis. It is unsurprising, therefore, that economics offers important insights into property rights. The economic [...]

1Mar2007 | Andrew P. Morriss | 22 comments | Continued
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