Ed Lotterman’s March 28 column, “Pollution control: theory vs. practice,” misrepresents Nobel laureate Ronald Coase’s argument regarding how contractual remedies based upon property rights can solve ...
The Concise Encyclopedia of Economics begins its article on public goods and externalities with the statement that “most economic arguments for government intervention are based on the idea that the ...
Understanding motivations in the workplace remains of utmost import as economies around the world rely on increases in labor productivity to foster sustainable economic growth. This study makes use of ...
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