Plastic Bans: Imaginary Benefits, Real Costs
Proposals to ban single-use plastics is yet another triumph of symbolism over substance. Unfortunately, while the benefits are largely illusory, the costs are quite real.
Proposals to ban single-use plastics is yet another triumph of symbolism over substance. Unfortunately, while the benefits are largely illusory, the costs are quite real.
The most alarming of the projections of climate change damages rely on naïve assumptions about human adaptability.
Bob Murphy and Michel Accad discuss the development of “welfare economics” in mainstream theory.