Title: Economics, environment, and the limits of legal control
Abstract: The assumption of basic conflict between environmental objectives and economic development has won a wide popular and political acceptance in the US. Today, however, after more than a decade of disappointing economic performance and anxiety about international competitiveness, many believe that economic growth must have a higher priority at the expense of environmental objectives. The author challenges this zero sum mentality, and demonstrates that we need basic changes in legal and institutional arrangements in order to erase the perception of this conflict. In particular, a greater use of economic-based incentives will help realize the long-run compatibility between environmental quality and economic growth.
Publication Year: 1985
Publication Date: 1985-01-01
Language: en
Type: article
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Cited By Count: 14
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