Explores how economics can help solve environmental problems.
This straightforward translation of environmental economics discusses issues and concerns that have long-lasting and often substantial effects. The authors bridge the gap between the natural and social sciences by examining how economic decisions interact with the environment. In addition, they explain why economics plays an important role in clarifying environmental issues and formulating solutions. Environmental Conflict analyzes policy choices and provides a basic methodology for understanding a broad range of environmental topics. These include the tragedy of the commons, the importance of incentives and markets, the role of government, property rights, benefit-cost analysis, natural resource use, pollution control, economic growth, international trade, global warming, and biodiversity loss.
Jeffrey J. Pompe is Professor of Economics at Francis Marion University. James R. Rinehart is the Phillip N. Truluck Professor of Economics and Public Policy at Francis Marion University, and the coauthor of American Education and the Dynamics of Choice.
"This is an excellent book. The authors do a good job of making economic theory understandable, and they explain some of the unexpected effects of the past and present environmental laws and policies. " — William E. Laird, Florida State University