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Reflecting on a Century of Progress and Problems

Posted on February 21, 2011 by Robert Stavins

As the first decade of the twenty-first century comes to a close, the problem of the commons is more important to our lives – and more central to economics – than a century ago when the first issue of the … Continue reading >

Posted in Climate Change Policy, Energy Economics, Energy Policy, Environmental Economics, Environmental Policy, Fisheries Policy, Natural Resource Economics, Natural Resource Policy, Positive Political Economy | Tagged A. C. Pigou, American Economic Review, benefit-cost analysis, cap-and-trade, China, common property resources, cost-effectiveness, distributional analysis, distributional equity, economic valuation, efficiency, Elinor Ostrom, environmental politics, excludable, externalities, fisheries, free rider problem, Garrett Hardin, global climate policy, India, Indiana University, Katharine Coman, market failure, market-based environmental policies, non-excludable, non-renewable natural resource, open-access resource, private property, public goods, regulation, renewable natural resource, revenue-neutral taxes, rivalness, Ronald Coase, sulfur dioxide, Wellesley College | 4 Comments
  • About the Author

    Robert N. Stavins is the Albert Pratt Professor of Business and Government, Director of the Harvard Environmental Economics Program, and Chairman of the Environment and Natural Resources Faculty Group.

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    The views expressed are solely those of the author and do not imply endorsement by Harvard University, the Kennedy School of Government, or the Belfer Center for Science and International Affairs. This blog is based in part on columns published by The Environmental Forum, published by the Environmental Law Institute.
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