Internet resources
Chapter 21: Market Failure and Environmental Policy

Web assignments:

1. Should Public Broadcasting be Subsidized?
2. U.S. Policy and Global Warming
3. Should Amtrak be Subsidized?

Web materials related to topics discussed in Chapter 21

Beware the Wooly Menace

A 3-minute audio segment from the December 19, 1997, edition of NPR's All Things Considered. In this commentary, Bill Harley suggests that global warming is a method the earth is using to replace environmentally destructive humans with environmentally friendly sheep. There's not a lot of economic analysis here, but it is rather amusing.... To hear this segment, you must have a sound card and the RealPlayer plugin must be installed. A free copy of the RealPlayer software may be found at: http://www.real.com/.

Climate Change

The United States Information Agency's climate change page contains information about U.S. government policy on global warming. Links to a wide variety of internet resources on this topic are available from this page.

Ronald H. Coase and the Coase Theorem

Links to information about Nobel Laureate Ronald Coase and the Coase theorem.

Ecological Tax Reform

This document, from Greenpeace, contains a discussion of alternative methods of internalizing externalities.

Environmental Defense Fund

Links and information on a wide range of environmental issues are contained on this page.

Global Change Electronic Edition

Global Change is a magazine that contains articles dealing with climate change and ozone depletion. The online edition has a wide variety of materials and links to numerous articles, and links to relevant online audio and video materials.

Law and Economics

This page contains an extensive collection of links dealing with the intersection of economics and law.

Pollution Rights Trading Game (by Rachel Nugent)

An interesting classroom experiment that can be used to illustrate the incentives existing under a system of tradeable pollution rights.

U.S. Climate Change Proposal

An overview of the U.S. Climate Change Proposal designed to reduce global emmissions of greenhouse gases.

USGS Fact Sheets (listed by Environmental Theme)

This page contains links to a variety of studies on environmental issues.

Janet Yellen, "Statement before the Senate Committee on Environment and Public Works"

In this testimony, Janet Yellen discusses some of the major economic issues associated with global climate change.

Related resources:

Other economic resources

This page contains a set of links to economic resources that may be of interest to introductory economics students.