James F. Casey's Blog

On Tuesday, we will develop several models for analyzing the link between Economic Growth and the Environment - (no reading assignment). Then we will move to "Valuing the Environment" -  http://jollygreengeneral.typepad.com/files/chapter-4-p.-92---128.pdf Thursday, let's back up and discuss the Solow Paper -  http://cda.mrs.umn.edu/~kildegac/Courses/Enviro/3008/Readings/Solow.pdf after we finish learning about non-market valuation.

We have three papers to discuss next week.  I do not think we will get to all three of them as we still have some ground to cover that we did not get to yesterday.  In addition to finishing our conversation concerning the material in chapter 3, I think we will get to the Tragedy of the Commons on Tuesday. So, let's focus our comments in preparation for Thursday on Krutilla's Conservation reconsidered. http://www.rff.org/files/sharepoint/News/Features/Documents/071003%20Krutilla-ConservationReconsidered.pdf

http://jollygreengeneral.typepad.com/files/chapter-3-p.-45---91.pdf I want you to focus on the  Pigou vs. Coase debate in the chapter.  In case you are interested in the originals....... https://econ.ucsb.edu/~tedb/Courses/UCSBpf/readings/coase.pdf https://books.google.com/books?hl=en&lr=&id=26kAAwAAQBAJ&oi=fnd&pg=PT10&dq=pigou+1938+welfare+economics&ots=z8o6kHWInb&sig=lWhrZc_eRcxPGpGYdwqLcOBy7Og#v=onepage&q=pigou%201938%20welfare%20economics&f=false

http://www.rff.org/files/sharepoint/WorkImages/Download/RFF-DP-98-29.pdf

Here is the syllabus for Winter 2018. Economics 255: Environmental and Natural Resource Economics   Winter 2018 Instructor: Jim Casey  _ Contact Info: 119  Holekamp  Hall, Ext. 8102, Email:  Caseyj   _ Prerequisite: Economics 101 Office Hours: and by appointment For it may be observed, that in all Polytheistic religions, among savages, as well as in the early ages of Heathen antiquity, it is the irregular events of nature only that are ascribed to the agency and power of their gods. Fire burns, and water refreshes; heavy bodies descend, and lighter sub- stances fly upwards, by the necessity of their own  nature;;  nor was  the invisible hand  of Jupiter ever apprehended to be employed in those matters. The Theory of Economics does not furnish a body of settled conclusions immediately applicable to policy. It is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions. The ideas of e