Author Archives: Adam Bailey

The Marginal Value of Parks

Environmental valuation studies should be clearer as to whether the value they estimate is marginal value or something else.  The idea of a marginal quantity is one of the most-used in the economist’s toolkit.  In the theory of the firm, … Continue reading

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An Unnecessary Book on Environmental Economics?

In the internet age, a collection of fine articles may not make a worthwhile book. Edward Elgar Publishing have recently published a seventh edition of Economics of the Environment: Selected Readings (1), a collection of 34 articles on a wide … Continue reading

Posted in Environment (general) | Tagged , , , , , , , , | Leave a comment

Some Thoughts on this Blog

When I started this blog in 2012, I considered – having looked at many other blogs – that posts should be short and frequent, and my early posts were all well below 1,000 words.  But it gradually became apparent that … Continue reading

Posted in Environment (general) | Leave a comment

Fish Imports, Tariffs and Conservation

A recent paper proposes that, post-Brexit, the UK should lower tariffs on imported fish to benefit consumers.  That may be a good idea, but the effect on fish stocks in the regions of origin should also be considered. The Institute … Continue reading

Posted in Fisheries, Trade | Tagged , , , , , , , , , | 2 Comments