The original understanding of an inalienable right.
What is the “pursuit of happiness,” which the Declaration of Independence says is an inalienable right? It sounds like this is about freedom from governmental restrictions on your activities. So, in modern terms, it seemed to mean that the government can’t stop you from “doing your own thing.” But that can’t be right. The Declaration …CONTINUE READING
Our everyday gifts: a livable climate, clean water and air, and biodiversity.
This is a time of year when by religious tradition or secular custom, many people exchange gifts. It’s worth remembering that we also reach receive daily gifts in the form of what economists call public goods. I thought it might be worth reposting some Holiday Season musings on that subject. After all, the holiday season …CONTINUE READING
You don’t have to love economics to see it as a possible ally.
Cost-benefit analysis has long been the target of environmentalist ire. But one lesson of the Trump years has been that economic analysis can be a source of support for environmental policy — it is the anti-regulatory forces who have to fudge the numbers to justify their actions. Most energy and environmental economists are aghast at …CONTINUE READING
While we all wait for tonight’s election returns, it’s worth taking a look at some of the trends that driving the votes. We’re been seeing a lot of polls lately about candidates, but in some ways issues polls are more interesting. Many people have noted the decline in support for environmental values among the public. …CONTINUE READING