Environmental Policies in Rich and Poor Countries. As Florida announces it will buy up wetlands to eliminate sugar production and increase environmental quality, Kenya announces it will allow private firms to begin sugar production in Kenyan wetlands.
posted July 1, 2008 at 6:30 p.m.
Do Current Commodity Prices Refute Julian Simon? In the 1970s and 80s, Julian Simon won a famous bet, relying on his confidence that human ingenuity (and new technology) could solve problems of resource scarcity. Tyler Cowen and Jeffrey Sachs wonder if the current increases in commodity prices indicate that ingenuity is finally losing the race with scarcity.
posted July 1, 2008 at 4:50 p.m.