The crisis of environmental degradation has createcharemd an immense volume of literature which focuses on controlling environmental problems. Economic Rights and Environmental Wrongs goes one step further to extend and complement the current debates

This paper analyzes the effects of non-atmospheric consumption externalities on optimal commodity taxation and on the social cost and optimal levels of public good provision. A negative consumption externality, by lowering the social cost of public good provision, may require the second-best...

When a public good is financed by a proportional tax, the price distortion increases the marginal cost of the public good above its resource cost. Pigou (1928) conjectured that the higher cost lowers the second-best public good level below the first-best level. I explain why this conjecture is...

This review examines the provision of public goods and the prevention of negative externalities in forest management. It focuses on three issues: (a) biodiversity conservation and maintenance, (b) the role of forestry in carbon policies, and (c) internalizing negative water externalities. Public...

The paper is intended to provide a theoretical contribution to the analysis of central government's normative economic policies in a framework where regional provision of goods with negative spillovers, and public goods used to reduce related externalities, are considered. Firstly the range of...