In a recent article in this journal, Francesco Bosello, Roberto Roson, and Richard Tol make the surprising prediction that the first stages of global warming will, on balance, save a large number of lives. Bosello et al. fail to substantiate this remarkable estimate, and they make multiple...

Beginning in the late 1990s, Canada and the United States began requiring "Environmental Reviews (ERs)" of all trade agreements to be negotiated by each government. This paper, commissioned by the North American Commission for Environmental Cooperation, outlines how ERs have evolved in North...

Revamping the Social Security program has become a domestic policy priority of the Bush administration. The President has stated that the system is facing a “crisis” and will be “bankrupt” in 2041. His proposal to change Social Security is centered on the introduction of private accounts...

Environmental economics assumes that reliance on price signals, adjusted for externalities, normally leads to efficient solutions to environmental problems. We explore a limiting case, when market volatility created "mixed signals": waste paper and other recycled materials were briefly worth an...

Intro -- Contents -- Acknowledgments -- Introduction -- Beyond the Trash Can -- Getting the Prices Wrong -- More Than the Market -- A Truck Is a Terrible Thing to Waste -- Drink Boxes, Styrofoam, and PVC -- The Dot Heard Around the World -- Bottle Bills, Litter, and the Cost of Convenience --...