Most economic externalities can be efficiently solved through a system of private property rights, in which costs and benefits can be negotiated.

My last column celebrated the bicentennial of the Erie Canal. This one goes deeper into the ways government action can create prosperity for all of us. This flies in the face of being fed a constant ...

To what extent does the digital world create a culture in which responsibility is denied or avoided, and what are the consequences of this failure to take ownership of a problem? Taking responsibility ...

Log-in to bookmark & organize content - it's free! Senator Sheldon Whitehouse (D-RI) addresses negative externalities with U.S. Trade Representative Jamieson Greer. Senator Sheldon Whitehouse (D-RI) ...

Improved self-esteem and motivation. Positive discipline encourages children through clear expectations combined with emotional support, fostering intrinsic motivation—so children act responsibly ...

The urgency to address corporate externalities—environmental, social, and health-related spill‑over costs—is intensifying. Hidden costs from pollution, resource depletion, and poor labor practices ...

“Keep your face towards the sunshine and shadows will fall behind you.” — Walt Whitman “‎Life is a shipwreck, but we must not forget to sing in the lifeboats.” ― Voltaire “Life does not have to be ...

Log-in to bookmark & organize content - it's free! Economist Paramo Sanyal of the Brattle Group discusses the the Universal Service Fund, which subsidizes telephone service for low-income customers, ...

AUSTIN (KXAN) — Troughs play a crucial role in shaping storms and delivering all types of precipitation. A trough is an elongated area of low pressure that can stretch for hundreds of miles. When ...