Clear Skies is an economist’s approach to pollution reduction. We heartily endorse its core approach, while recommending surgery for a few minor blemishes.

Clear Skies is an economist's approach to pollution reduction. We heartily endorse its core approach, while recommending surgery for a few minor blemishes.

Robert Hahn and Robert Litan defend President Bush's recent executive order on government regulation.

Carbon taxes are not likely to be politically feasible in the U.S. for addressing climate change in the short term, according to Robert Hahn and Peter Passell. The time is now ripe for the U.S. to consider adopting a cap and trade approach to reducing greenhouse gas emissions.

The subprime crisis makes clear that more financial regulation is both called for and coming; however, unless we are careful we may cause more trouble than we avoid, according to Robert Hahn and Peter Passell.

Washington's efforts at limiting the fallout from the subprime mortgage mess generally deserve poor marks. But the Federal Reserve's proposed regulation of these mortgages is a step in the right direction.

Robert Hahn and Peter Passell ponder the current financial situation.

The European Commission is still after Microsoft, but the competition has gotten there first according to Robert Hahn and Peter Passell.

Over the coming decades, the increasingly popular "precautionary principle" is likely to have a significant impact on policies all over the world. Applying this principle could lead to dramatic changes in decision making. Possible applications include climate change, genetically modified food,...

A statement by a group of economists and scientists which met at Stanford University on October 18, 2008 to discuss the role of research and development in developing effective policies for addressing the adverse potential consequences of climate change.