This paper critically considers the neoclassical social-cost approach to problems of pollution. This traditional approach, when subjected to close scrutiny, is found to be seriously wanting in applicability and consistency. A less ambitious alternative based on notions of strict liability is...

At the outset I think it is important to recognize a fundamental con- ceptual distinction. That distinction is between wildlife as an input into a production process and wildlife as an output valued by hu- mans. The nature of economic goods is such that raw inputs are sel- dom valued for...

Considerable experience of introduction of different mechanisms and performance management tools is collected in Russian Federation, but these approaches didn't influence on government system and decision-making mechanism. To reach desirable effect with applied tools (except their development...

The contemporary American city serves as evidence of government failure and as a focal point for crisismongering. In this paper I argue why it is important for Americans to reject the city as crisis syn- drome and to move to a view of the city as an increasingly malleable landscape formed by the...

The end ofWorld War II marked the birth of the modern chemical industry. From that time synthetic rubbers, fibers, and complex organohalogens have been produced in large commercial quan- tities, such that each member of modern society is exposed to chemicals of exotic physiocheniical activity....

In his State of the Union address, President Reagan identified the basic premise of the New Federalism: During the past 20 years, what had been a classic division of functions between the Federal Government and the States and localities has become a confused mess. Traditional understandings...

In this paper I will focus on risk controversies of a familiar type: Someone in one locale is concerned about being seriously injured as a result of human activities carried on elsewhere. The discussion will be limited to risks that are unintentional in the sense that no one is deliberately...

T0 the practical mind, particularly one trained in economics, it might sound a trifle paradoxical to suggest that the truly important issues in a public policy debate have nothing to do with the relative efficacy of the policy options. Paradoxical or not, this is very often the case. And there...

The United States has become to a considerable extent a redistrib- utive society. The taxing power of the state continues to be used to transfer massive amounts of purchasing power from those who earn their keep to those relatively few who are truly in need and to those relatively many who are...

It is commonly assumed that private property rights are incompati- ble with the preservation of such environmental and recreational amenities as our national parks and that governmental ownership is therefore required. This paper takes a different approach and ar- gues that private alternatives...