T0 the practical mind, particularly one trained in economics, it might sound a trifle paradoxical to suggest that the truly important issues in a public policy debate have nothing to do with the relative efficacy of the policy options. Paradoxical or not, this is very often the case. And there...

This paper addresses the important question: What is the proper role of the state in the general area of environmental regulation? The subject itself poses certain major difficulties for political theories which, whatever their differences, at least call for both a...

Economic analyses of bureaucracy have charged that public pro- duction tends to be more costly than optimal;’ the extra cost may be due to either technological or allocational ineuficiency.2 Conversely, the standard theory of regulation asserts that regulated industries produce too little...

During man’s relatively brief existence on this planet,he has relied on the bounty of its flora and fauna for his existence. He has harvested wildlife for food, clothing, shelter, medicines, beasts of burden, pets, and companionship. Over most of this period, this harvesting and...

This paper addresses the important question: What is the proper role of the state in the general area of environmental regulation? The subject itself poses certain major difficulties for political theories which, whatever their differences, at least call for both a...

T0 the practical mind, particularly one trained in economics, it might sound a trifle paradoxical to suggest that the truly important issues in a public policy debate have nothing to do with the relative efficacy of the policy options. Paradoxical or not, this is very often the case. And there...

I am not one of those who finds his ideal summer cottage in Gary, Indiana, or who begins to feel uncomfortable if he strays more than fifty miles from Times Square. For the last ten years I have aver- aged at least sixty days a year in country most people would call wilderness—in...

At the outset I think it is important to recognize a fundamental con- ceptual distinction. That distinction is between wildlife as an input into a production process and wildlife as an output valued by hu- mans. The nature of economic goods is such that raw inputs are sel- dom valued for...