Chapter 14 – Issue: The Environment
Read Chapter 14 – Issue: The Environment
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Contents:
Opening story: The mousetrap – 473
Introduction to the Issue – 474
Expanding the Models – 482
Shared Tools: Tragedy of the commons – 482
Exercise 14.1: Is It a Commons? – 484
Conventional Theory Tools: Negative externalities and cost-benefit analysis – 483
Conventional Policies – 491
Liberal view: Cost-benefit analysis – 491
Liberal Policy: Command and control regulation; supplemental carbon pricing – 492
Conservative view: Cost-benefit analysis – 493
Conservative Policy: Expanded private property rights; revenue-neutral carbon taxes; free-market cap and trade – 494
Radical Theory Tools: Unsustainable growth and sustainable development – 495
Radical Policy – 500
Radical Policy: Green New Deal; commons viability analyses – 500
Discussion story: The Cuyahoga River – 503
Understanding the Issue – 505
Voices on the Environment – 521
• Radical: Voice, Summary, Talking Points – 522
• Liberal: Voice, Summary, Talking Points – 529
• Conservative: Voice, Summary, Talking Points – 536
The Shared Outcome – 543
Three-in-One Activity: “Tragedy of the Commons” – 544
Re-Vote – 552
Test Yourself, Key Terms, Answer Key – 552