Many environmental problems are large scale in terms of geographical units and long-term with regard to time. We therefore find a coincidence of different causes and impacts that qualify the interplay between humans and nature as highly uncertain (“transparency challenge”). In consequence we...

In this contribution, discussion about the Porter Hypothesis and the pros and cons of the new European chemicals regulation system REACH are tied together. The contribution seeks to apply the Porter Hypothesis to the field of European chemicals regulation. Porter's claim of positive effects of...

The schools of thought that Richard Musgrave and James Buchanan represent in the field of public finance differ a great deal. Musgrave represents the insider-Harvard vision of socio-political reality while Buchanan represents the outsider-Chicago-Virginia-public choice vision. The foundation of...