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Class Sessions

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Session 5

The Battle Over Regulatory Economics

Class Topics:

  • The Benefit-Cost Debate

  • Command & Control versus Free-Market Economics

  • Keynesianism Approaches

Readings:  

Chapter 5, Environmental Politics & Policy   

A Free Market Environmental Vision - Fred L. Smith, Jr., and Kent Jeffreys

Keynesianism - Bernard Corry

Assignment:   

Your second short paper is due before class begins during this week's session. I would like you to read and critique The Conservative Ecologist by Edward T. Wimberley and Bradley Hobbes of FGCU. They present an argument that runs counter to the bulk of the mindset on this issue with the environmental community and argue that environmental protection and free markets can and must go hand in hand. Read the article carefully. Explain what thoughts support the author's contentions. Present an argument as to why you think this approach might either work or not work. What would it take you think for this approach to work? Can it ever work? Explain.

Class Sessions

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