Econ 101ism and Environmental Economics
JANUARY 24, 2019
Most Econ 101ism devotees would admit that there are exceptions and instances where government intervention can improve things, like in the case of environmental externalities. What does this have to do with environmental policy? It occurs to me that even we environmental economists may be guilty of relying too heavily on Econ 101ism when arguing for policy. " Some of us environmental economists may be guilty of the same hubris.