We Are Lucky to Live Here! Let’s welcome the 55+ to Gateway Village. Sunday morning I biked into Bozeman to meet a couple for brunch. During the 14-mile ride in, several lycra clad male riders easily and silently passed me. (I passed no one.) In town three walkers smiled and volunteered, “Aren’t we lucky to […]
Read MoreIn her report on Judge Holly Brown’s dismissal of a challenge to the Department of Fish, Wildlife & Parks agreement with Ted Turner on the management of Yellowstone Park bison (May 12, 2013), the Chronicle article states the following: “Under the public trust doctrine, which applies nationwide, the state has the responsibility to manage and […]
Read MoreThis column is an exploratory essay and I welcome your suggestions. I’m thinking of creating the Greater Yellowstone Policy Salon Series, an adventure in intellectual and policy entrepreneurship. Let’s unpack this new idea and I hope influence change for the better. There is a huge potential for policy reform in nearly every arena of American […]
Read MoreMaui and Montana Ramona and I just returned from an academic meeting in Maui. We found new confirmation that economics is really a sub-set of behavioral ecology (or evolutionary biology if you prefer). Here’s an example. After an all night flight, we awoke at our ranch this morning with 3″ of snow and a large […]
Read MoreMilton Friedman is one of my all time favorite economists, Tom Schelling another. Both won Nobel prizes and each contributed greatly to my understanding of how the world works. I knew Milton and Rose longer but Tom and Alice much better. While we live geographically far apart and the Friedman’s are gone, the Schelling’s remain […]
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“Happy New Year” may seem an inappropriate cry as America balances on the edge of governments’ financial cliffs. We’ve been edging toward this danger for two generations. The reason is simple; politicians have strong incentives to provide current benefits and promise payments in some distant future. That future is ever closer. The politics of this […]
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1995 will be the silver anniversary of Earth Day. This will be a significant event, for it marks a full generation since we formally recognized our environment’s fragility and value. To celebrate the anniversary, I suggest that we begin a campaign to buy Siberia. This would be America’s Earth Day present to the world. Buying […]
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I OFTEN defend the habitat of species I care for deeply: grizzly bears, wild trout and birds of all kinds. But, like most people, I care even more about preserving the quality of my own habitat, my neighborhood and community. Within that habitat, we not only worry about pollution and disease, we are concerned with […]
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ECONOMIES are like ecosystems in that everything is tied to everything else. We cannot do only one thing. Protecting owls by limiting timber harvest has multiple consequences, mostly unintended. People anticipate outcomes, estimate how regulations affect their security and livelihood, and often change their behavior accordingly. Regulations that ignore this interconnectedness can make matters worse, […]
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