America’s national parks “are the best idea we ever had.” So said Pulitzer Prize-winning American author Wallace Stegner. A new survey…
This paper presents the first-ever comprehensive estimate of the total economic value of the National Parks Service. The estimate covers…
The initial hope for climate science was that an improved understanding of what the future might bring would lead to appropriate public…
Carbon sequestration—the process of moderating global climate change by removing carbon dioxide from the atmosphere and storing it in long-…
Climate change is real and dangerous. Exactly how bad it will get, however, is uncertain. Uncertainty is particularly relevant for…
Direct experiences, we find, influence environmental risk beliefs more than the indirect experiences derived from outcomes to others. This…
Elinor Ostrom did not argue that state action is antithetical to local knowledge and effective organization. She argued, to the contrary,…
Whatever loathing voters feel toward Washington, D.C., it is a fair bet they make an exception for America’s national parks — immortalized…
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Gasoline taxes can be employed to correct externalities associated with automobile use, to reduce dependency on foreign oil, and to raise…