Bozeman is clearly the epicenter of the people who have long studied how institutional arrangements affect the quality of natural resource and environmental management. In these arenas, as in all others where chance does not determine the outcome, decisions depend on two things, information and incentives. There are many types of incentives including cultural, financial, […]

I think it likely that the next wave of environmentalism will focus on entrepreneurs. Certainly this approach is central to any substantial success. Disenchantment with government is growing ever stronger, thus, new perspectives and practices are required for progress. I have been asked to write the introduction to a book advancing the theme of entrepreneurial […]

The free market is a wonderful device for coordinating our productive activity to maximize the satisfaction of our needs. It encourages people to cooperate both with those they know and with strangers. Since markets foster both prosperity and personal liberty, communism has been consigned to the dustbin of history except in places like North Korea. […]

There is a true, empirical, universal, statistical generalization that the Republican Party should understand if it expects to attract the American middle class. This generalization is especially applicable to college educated, well-off voters, the opinion leaders in most communities. Here it is: Accomplished, successful individuals normally become Green. In economic terms the demand for environmental […]