"He's a snake in the grass, I tell ya guys; he may look dumb but that's just a disguise; he's a mastermind in the ways of espionage." Charlie Daniels, "Uneasy Rider" David Zetland - TT's Lost in Tokyo

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Can Pigovian taxes be Coasean bargains? - The case of climate negotiations by TokyoTom

David Zetland's libertarian-environmental blog, Aguanomics , has recently been carrying on some excellent discussions on resource and environmental economics, with interlocutors like Bob Murphy , Gene Callahan and others. In the context of two recent...

T. Boone Pickens accelerates the tragedy of the Western water commons - by connecting thirsty markets to unowned, common-pool resources by TokyoTom

The latest Business W eek magazine sports the headline, "Is Water the New Oil?" and a caricature of T. Boone Pickens . The cover story -" There Will Be Water: T. Boone Pickens thinks water is the new oil—and he's betting $100...

[Updated] Bob Murphy heroically nitpicks the CBA model of reluctant carbon tax advocate, William Nordhaus by TokyoTom

Bob Murphy , an economist at Rob Bradley 's Institute for Energy Research , has posted on the main Mises Blog a link to a paper that he has submitted to an economic journal, " Rolling the DICE: Nordhaus' Dubious Case for a Carbon Tax "...