Day: April 11, 2018

Explaining the Persistence of ‘Command-and-Management’ in US Environmental Legislation

That is the title of a paper just lately posted by Daniel Cole. The summary: Economists and authorized students have recognized for many years that “financial devices,” together with cap-and-trade regimes and effluent taxes, can scale back emissions at decrease price than command-and-control laws. But, the US system of environmental