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Economic Markets and Political Markets - by Jim Johnston - Policy Briefs
Economic Markets and Political Markets
Climate Change
> Cap-and-Trade
Environment > Energy: Electric Utilities
Environment > Energy: Political Aspects
Environment > Energy: Electric Utilities
Environment > Energy: Political Aspects
Written By: Jim Johnston
Published In: Policy Briefs > 2010
Publication date:
09/18/2007
Publisher: The Heartland Institute
Economist Jim Johnston explains the differences between political markets, such as the one created for trading sulfur dioxide emissions, and real markets, such as futures markets for natural gas. Key differences explain why political markets are thin and often collapse when governments change the rules, while real markets are robust.
WHAT'S NEWJames M. Taylor - September 08, 2010
Los Angeles is naming an environmental high school high school after Al Gore. Fittingly, the high school is being built on contaminated soil.The Carson-Gore ... (read more)
September 06, 2010
Coal-fired power plants are emitting substantially fewer smog-forming particles than was the case just two years ago, according to the U.S. Environmental ... (read more)
September 06, 2010
Montana-Dakota Utilities (MDU) has filed a request to increase the price of power the utility charges its customers in Eastern Montana. MDU President Dave ... (read more)
James M. Taylor - September 05, 2010
Environmental extremist took an ugly turn Aug. 1 when activist James Lee, armed with two guns and several bombs stormed the Discovery Channel headquarters ... (read more)
Cheryl K. Chumley - September 05, 2010
Jon Tester and Max Baucus, Democratic Senators representing Montana, are fighting an August 5 federal court decision that restored gray wolves to the U.S. ... (read more)
Jay Lehr - September 05, 2010
Pebble bed nuclear reactors are still in the development phase and have yet to be placed into operation in any nation, but these reactors promise to eliminate ... (read more)
Jay Lehr - September 04, 2010
Review of Power Hungry: The Myths of “Green” Energy and the Real Fuels of the Future, by Robert Bryce (Public Affairs, 2010), 416 pages, ISBN-13: ... (read more)
Thomas Cheplick - September 04, 2010
The State of California is accusing two persons associated with the Tung Tai electronics and metal recycling company of submitting fraudulent reimbursement ... (read more)
Bonner R. Cohen - September 04, 2010
Michigan, a state whose economy was driven for more than a century by its once-mighty automobile industry, now has chance to reinvent itself and become ... (read more)
Krystle Russin - September 04, 2010
The federal government is eliminating open competition for certain species of West Coast fish and will instead allocate shares individually to fish harvesters, ... (read more)
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