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Market Environmentalism
''Free Market Environmentalism'' is a book by Terry L. Anderson and Donald R. Leal that was of great importance to the free market environmentalist movement. Summary The book focuses on a method of environmental protection with minimal bureaucratic intervention. Anderson and Leal argue that free markets have been making the environment cleaner for centuries and that private innovations, such as the energy consumption of cars, are more effective than government intervention. The book contains a number of case studies where juries recognize that a company is harming an individual and grant appropriate reparations. The central argument is that property rights, which are resolved through a direct transfer of payments between parties, are more effective as a form of environmental protection than government intervention through taxes. Reception The book was intended as an ideological tract and a call to action, rather than as an empirical study. Glenn Fox of the ''American Journa ...
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Pacific Research Institute For Public Policy
The Pacific Research Institute for Public Policy (PRI) is a California-based free-market think tank which promotes "the principles of individual freedom and personal responsibility" through policies that emphasize a free economy, private initiative, and limited government. PRI was founded in 1979 by British philanthropist Antony Fisher. Sally Pipes has been president of the institute since 1991. She writes a regular column for Forbes.com, focusing on health care in the United States. In 2008 she founded the Benjamin Rush Institute as a conservative association for medical students with 20 chapters at medical schools across America. She is originally from Canada and became a U.S. citizen in 2006. She opposes single-payer health care systems. Policy areas The organization is active in the policy areas of education, economics, health care, the environment, and water supply. It operates the Center for California's Future, which has a goal of "reinvigorating California's entrepreneu ...
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Terry L
Terry is a unisex given name, derived from French Thierry and Theodoric. It can also be used as a diminutive nickname for the names Teresa or Theresa (feminine) or Terence or Terrier (masculine). People Male * Terry Albritton (1955–2005), American shot putter, world record holder in 1976 * Terry Antonis (born 1993), Australian association football player * Terry A. Davis, (1969–2018), American programmer * Terry Baddoo, CNN journalist * Terry Balsamo (born 1972), American lead guitarist for the rock band Evanescence * Terry Beckner (born 1997), American football player * Terry Bollea (born 1953), professional wrestler, better known by his ring name Hulk Hogan * Terry Bowden (born 1956), American football coach and former player * Terry Bradshaw (born 1948), American former National Football League quarterback * Terry Branstad (born 1946), American politician * Terry Brooks (born 1944), American fantasy writer * Terry Brooks (basketball) (born c. 1968), American colleg ...
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Donald R
Donald is a masculine given name derived from the Gaelic name ''Dòmhnall''.. This comes from the Proto-Celtic *''Dumno-ualos'' ("world-ruler" or "world-wielder"). The final -''d'' in ''Donald'' is partly derived from a misinterpretation of the Gaelic pronunciation by English speakers, and partly associated with the spelling of similar-sounding Germanic names, such as '' Ronald''. A short form of ''Donald'' is '' Don''. Pet forms of ''Donald'' include ''Donnie'' and ''Donny''. The feminine given name ''Donella'' is derived from ''Donald''. ''Donald'' has cognates in other Celtic languages: Modern Irish ''Dónal'' (anglicised as ''Donal'' and ''Donall'');. Scottish Gaelic ''Dòmhnall'', ''Domhnull'' and ''Dòmhnull''; Welsh '' Dyfnwal'' and Cumbric ''Dumnagual''. Although the feminine given name '' Donna'' is sometimes used as a feminine form of ''Donald'', the names are not etymologically related. Variations Kings and noblemen Domnall or Domhnall is the name of many ...
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Free Market Environmentalist
Free-market environmentalism argues that the free market, property rights, and tort law provide the best means of preserving the environment, internalizing pollution costs, and conserving resources. Free-market environmentalists therefore argue that the best way to protect the environment is to clarify and protect property rights. This allows parties to negotiate improvements in environmental quality. It also allows them to use torts to stop environmental harm. If affected parties can compel polluters to compensate them they will reduce or eliminate the externality. Market proponents advocate changes to the legal system that empower affected parties to obtain such compensation. They further claim that governments have limited affected parties' ability to do so by complicating the tort system to benefit producers over others. Tenets While environmental problems may be viewed as market failures, free market environmentalists argue that environmental problems arise because: # ...
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American Journal Of Agricultural Economics
The ''American Journal of Agricultural Economics'' is a peer-reviewed academic journal of agricultural, natural resource, and environmental economics, as well as rural and community development. Published five times per year, it is one of two journals published by the Agricultural & Applied Economics Association, along with ''Applied Economic Perspectives and Policy''. It was established in 1919, at which point it was called the ''Journal of Farm Economics''. Editors The current editors are Amy Ando ( University of Illinois, Urbana-Champaign), Marc Bellemare (University of Minnesota), Jill McCluskey (Washington State University), and Jesse Tack (Kansas State University Kansas State University (KSU, Kansas State, or K-State) is a public land-grant research university with its main campus in Manhattan, Kansas, United States. It was opened as the state's land-grant college in 1863 and was the first public insti ...). References External links * Journal page on Assoc ...
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Forest & Conservation History
A forest is an area of land dominated by trees. Hundreds of definitions of forest are used throughout the world, incorporating factors such as tree density, tree height, land use, legal standing, and ecological function. The United Nations' Food and Agriculture Organization (FAO) defines a forest as, "Land spanning more than 0.5 hectares with trees higher than 5 meters and a canopy cover of more than 10 percent, or trees able to reach these thresholds ''in situ''. It does not include land that is predominantly under agricultural or urban use." Using this definition, '' Global Forest Resources Assessment 2020'' (FRA 2020) found that forests covered , or approximately 31 percent of the world's land area in 2020. Forests are the predominant terrestrial ecosystem of Earth, and are found around the globe. More than half of the world's forests are found in only five countries (Brazil, Canada, China, Russia, and the United States). The largest share of forests (45 percent) are i ...
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Zero-sum
Zero-sum game is a mathematical representation in game theory and economic theory of a situation which involves two sides, where the result is an advantage for one side and an equivalent loss for the other. In other words, player one's gain is equivalent to player two's loss, therefore the net improvement in benefit of the game is zero. If the total gains of the participants are added up, and the total losses are subtracted, they will sum to zero. Thus, cutting a cake, where taking a more significant piece reduces the amount of cake available for others as much as it increases the amount available for that taker, is a zero-sum game if all participants value each unit of cake equally. Other examples of zero-sum games in daily life include games like poker, chess, and bridge where one person gains and another person loses, which results in a zero-net benefit for every player. In the markets and financial instruments, futures contracts and options are zero-sum games as well. In ...
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David Pearce (economist)
David William Pearce OBE (11 October 1941 – 8 September 2005) was Emeritus Professor at the Department of Economics at University College London (UCL). He specialised in, and was a pioneer of, environmental economics, having published over fifty books and over 300 academic articles on the subject, including his 'Blueprint for a Green Economy' series. Background David Pearce was born in Harrow, London on 11 October 1941, and attended Harrow Weald county grammar school, now part of Harrow College. He graduated in Politics, Philosophy, and Economics from Lincoln College, Oxford in 1963 (1st class) and then studied economics at London School of Economics from 1963 to 1964. He held academic posts at the Universities of Lancaster, Southampton, Leicester (from 1974-1979), and Aberdeen (Chair in political economy until 1983) before arriving at UCL as Professor of Political Economy and later in Economics in 1983, retiring in 2004. During his career he was the chief environmental advi ...
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The Economic Journal
''The Economic Journal'' is a peer-reviewed academic journal of economics published on behalf of the Royal Economic Society by Oxford University Press. The journal was established in 1891 and publishes papers from all areas of economics.The editor-in-chief is Francesco Lippi ( Libera Università Internazionale degli Studi Sociali Guido Carli & Einaudi Institute of Economics and Finance). According to the Journal Citation Reports, the journal has a 2020 impact factor of 3.178. History Introduction The journal was conceived in November 1890, at the inauguration of the British Economic Association (which became the Royal Economic Society in 1902). One of the central aims of the new society was to create a forum through which British economic research could be published. In a circular sent out before the inaugural meeting, Alfred Marshall, one of the founding members of the society, indicated the significant impact a new journal would have on British economic science: ''...the ...
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Tradeable Permit
Tradability is the property of a good or service that can be sold in another location distant from where it was produced. A good that is not tradable is called non-tradable. Different goods have differing levels of tradability: the higher the cost of transportation and the shorter the shelf life, the less tradable a good is. Prepared food, for example, is not generally considered a tradable good; it will be sold in the city in which it is produced and does not directly compete with other cities' prepared foods. Some non-commodities and services such as haircuts and massages are also obviously non-tradable. However, in recent years even pure services such as education can be regarded as tradable due to advancements in information and communications technology. Price equalization Perfectly tradable goods, like shares of stock, are subject to the law of one price: they should cost the same amount wherever they are bought. This law requires an efficient market. Any discrep ...
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