Category Archives: Environment (general)

Explaining Environmental Policy Failure

Posted on December 1, 2017 by Adam Bailey

A proposed new approach to environmental policy fails to convince. Why Environmental Policies Fail by Jan Laitos is a curious book (1). Its subject is certainly important, and it’s hard to disagree strongly with the bleak picture it presents of … Continue reading →

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Improving on GDP

Posted on November 14, 2017 by Adam Bailey

The winning entries for the Indigo Prize highlight both the importance of improving economic statistics and some of the challenges of doing so. The launch of the Indigo Prize by LetterOne is a welcome initiative which recognises both the limitations … Continue reading →

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A Valuation Case Study: the Great Barrier Reef

Posted on July 15, 2017 by Adam Bailey

A valuation of the Great Barrier Reef illustrates many common issues in the economics of environmental valuation. A recent report by Deloitte Access Economics (1) estimates the asset value of the Great Barrier Reef at A$56 billion (2).  This is … Continue reading →

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Energy and Environment in China

Posted on May 27, 2017 by Adam Bailey

Arthur Kroeber’s book on China’s economy includes an excellent section on energy but a rather selective account of its environmental issues. Arthur Kroeber’s book China’s Economy in Oxford University Press’s What Everyone Needs to Know series (1) deserves a wide … Continue reading →

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