The Problem of the Commons
The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review.
Research
The SO2 Allowance Trading System and the Clean Air Act Amendments of 1990: Reflections on Twenty Years of Policy Innovation
The introduction of the U.S.
The Value of Terroir: Hedonic Estimation of Vineyard Sales Prices
We examine the value of terroir, which refers to the special characteristics of a place that impart unique qualities to the wine produced.
Standard Oil as a Technological Innovator
A century ago, in 1911, the U.S. Supreme Court issued its path-breaking decision in the monopolization case against the Standard Oil Companies.
Africa Must Make Tough Choices to Build Democracy
Lawrence Haddad started the year with provocative predictions. Below are my comments, knowing that in the end we will get most of it wrong anyway. The future always has the last laugh.
An Economist’s View of the Oil Spill from Inside the White House
Early on the morning of April 21, 2010, a BP official called to alert me that a Gulf of Mexico rig under contract to BP suffered a major blowout, was still on fire, and some of its workers were missin
Reshaping the Energy Landscape
How do we grow the global supply of energy, make it more accessible to the poor, and at the same time cut carbon emissions to near zero? And how can physics contribute?
Linking Scientific Knowledge with Policy Action in Natural Resources Development.
Giving Green to Get Green? Incentives and Consumer Adoption of Hybrid Vehicle Technology
Federal, state, and local governments use a variety of incentives to induce consumer adoption of hybrid-electric vehicles.
Daring to be Different-and Right
The Kyoto Protocol is set to expire in 2012.
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