public goods

Everyday Christmas: The Gift of the Commons

Clean air. Clean water. We receive these public goods every day without payment.

Every day, we reach receive bountiful gifts in the form of what economists call public goods. I thought it might be worth reposting some Christmas Eve musings on that subject. After all, the holiday season is a time for watching the same old movies and hearing the same old carols as before, so why shouldn’t …


Why the Feds Should Pay the Administrative Costs of Implementing AB 32

There’s been a lot of discussion of whether Prop 26 interferes with the use of fees to pay the administrative expenses for AB 32.  I would like to suggest an alternative solution: the Feds should pick up the tab.  This may seem a little far-fetched, given the current political situation, but it makes real sense …