This article proposes and evaluates four hypotheses about US pollution and environmental policy over the last half … century. First, air and water pollution have declined substantially, although greenhouse gas emissions have not. Second …, environmental policy explains a large share of these trends. Third, much of the regulation of air and drinking water pollution has …

The paper argues that many of the exaggerated claims that globalization has been an important factor in lowering … inflation in recent years just do not hold up. Globalization does, however, have the potential to be stabilizing for individual … globalization on the monetary transmission mechanism and arrives at the following answers: (1) Has globalization led to a decline in …

(1) The U.S. share of the world's science and engineering graduates is declining rapidly as European and Asian …