econlife on ‘Environment’

Environmental economics looks at the positive and negative impact of growth. Especially focusing on marginal analysis and externalities, econlife looks at our current impact on the environment and our use of natural resources in the US and beyond.

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    A $5,000.00 Taxi Ride

    Apr 19, 10 • 176 Views • EnvironmentNo Comments

    Hearing that actor John Cleese took a Mercedes taxi from Oslo to Brussels for about $5,000 because the Icelandic volcano eruption prevented him from flying, an economist would say, “That is a positive externality.” Economists see positive

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    Costly Behavior

    Mar 24, 10 • 200 Views • Economic Thinkers, Environment, GovernmentNo Comments

    Do you approve of Pigovian taxes?  These are taxes levied on seemingly undesirable behavior in order to compensate for their negative impact on society. soda tax: Among other municipalities, New York State and Philadelphia are proposing soda taxes. bag