The paper compares the effects of market-based and command-and-control climate policies on the direction of technical change and the prevention of environmental disasters. Drawing on the model proposed in Acemoglu et al. (2012, American Economic Review), we show that market-based policies...

The new millennium raised hopes for a better future for humanity through a new spirit of international cooperation. Participants at the United Nations Millennium Summit agreed on an ambitious agenda for international cooperation that singled out, among other issues, environmental protection and...

The new millennium raised hopes for a better future for humanity through a new spirit of international cooperation. This book draws on contributions to the People and the Environment lecture series at Fordham University, organized in partnership with the United Nations Development Program...

Federal subsidized crop insurance has been a major fixture of US agricultural policies for the past several decades. In recent years, the program has expanded rapidly and now constitutes the largest and most expensive agricultural subsidy initiative in the United States. Similar programs have...