The Externalities of Billboards

The Externalities of Billboards

Have you noticed the huge new billboards on U.S. 191, a major gateway to Yellowstone Park? They seem to be sprouting like mushrooms after a spring rain, but the probable cause is different. I suspect this furor anticipates regulatory control on more billboards. It is certainly not due to increased traffic and, hence, more viewers. […]

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 Republican Disenchantment and Decline

Republican Disenchantment and Decline

Only a few years ago there was substantial talk of a permanent Republican majority. Through the workings of demographic, economic, cultural, and religious forces, the GOP was to become the powerful, controlling institution in Washington, DC and most states. While a few redistributive, “progressive”, secular, archipelagoes would persist in the Northeast and West Coast, America […]

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 What’s Next?

What’s Next?

In response to my recent column, “What Went Wrong,” several people emailed me this question: What’s next? The answer is easy; America will attempt to emulate Europe’s welfare state. Our perceived crisis is inimical to sound policy and provides a good seedbed for political opportunism. First, though, a positive note. America can congratulate itself on […]

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 Indians and Arabs

Indians and Arabs

Americans born in the post WWII period quite naturally believe ever increasing wealth is normal⎯for it has been. And most economists assume that due to the complementary forces of technology and productivity, wealth and wellbeing are on a continuously upward trajectory. If we’ll grow ever richer, why sacrifice for wealthier descendents? Perhaps economists are correct […]

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 What Went Wrong

What Went Wrong

This column was prompted by the question: “Doesn’t today’s economic distress demolish the case for capitalism and free markets?” Some, who inquired gleefully, anticipated my discomfort; others were genuinely curious and concerned. All were confused about the complex causes of our economic chaos. I hope this helps clarify their thinking, but first a disclaimer: I’m […]

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 Social Justice Requires Good Institutions, Not Just Good Intentions

Social Justice Requires Good Institutions, Not Just Good Intentions

FREE has created a program for an ecumenical group of religious leaders. Most have advanced degrees and teach in seminaries or divinity schools. Some are in charge of publications; others involved with formulating and articulating their organization’s public policy positions. All are influential in the public environmental debate. These leaders all agree that environmental stewardship […]

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 Political Economy of Endangered Species

Political Economy of Endangered Species

The conflict over listing or delisting wolves places the Endangered Species Act (ESA) back in the news. By their nature, nearly all environmental issues are contentious and problematic, ESA decisions especially so. Scientifically complex questions and classifications, unequally distributed costs and benefits, and heavy emotional baggage are ingredients for error, sanctimony, and acrimony. I find […]

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 Bike Commuting

Bike Commuting

The best predictor of switching to a bike for commuting around town is no doubt a DUI. The next best is probably a high PPG, or price per gallon. Naturally, as gas hit and then surpassed $4.00 this summer, the number of bikes on Bozeman streets appeared to increase substantially. This reflects a national trend. […]

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 Energy: Hoax versus Reality

Energy: Hoax versus Reality

I’m convinced that I have discovered a new social law. It seems to have the validity of Newton’s Laws. Here it is: rising energy prices cause IQs and body temperatures to converge. Convergence is most rapid in the political arena, especially in a presidential election year. For thirty years our politicians have blathered on about […]

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 Political Entrepeneurs Can Create Public Benefits

Political Entrepeneurs Can Create Public Benefits

The Bozeman area is an excellent site to study entrepreneurship. Right Now Technology and Zoot exemplify commercial entrepreneurial success. Their founders envision new products and develop markets for them. They are among the few who succeed; competition relentlessly filters dreams with reality checks. Social entrepreneurs identify a purpose not served by the commercial sector. Local […]

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