Trees as private and public goods
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Nancy Folbre an economics professor at the University of Massachusetts Amherst provides in this short article from the New York Times a beautifully clear explanation of the economics of deforestation and the tragedy of the commons. A superb article to print out and use when studying the motives of individuals within society and ideas for how social norms and local institutions really do matter when putting together policies to reduce global deforestation. Read Tree-economics
Tags: incentives, tragedy of the commons, public goods, deforestation, private goods, elinor ostrom, social norms
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Unit 2 Macro: Cyclical and Structural Economic Issues Facing the UK [23 May 2012]
Unit 2 Macro: Evaluation on Supply-Side Policies [21 May 2012]
Revision notes on unemployment [20 May 2012]
Unit 1 Micro: Economics of Cocoa Prices [12 May 2012]
Unit 1 Micro: Economics of a Minimum Wage [12 May 2012]
Unit 1 Micro: Differences between Merit and Public Goods [12 May 2012]
Unit 2 Macro: Revision Notes on Supply-side Policies [10 May 2012]
Unit 2 Macro: Unemployment Glossary [5 May 2012]
Macro Revision: Putting Things in Context [29 Apr 2012]
Unit 1 Micro: The Collapsing Price of Carbon [3 Apr 2012]
Unit 1 Micro: Revision on Producer Subsidies [2 Apr 2012]
Unit 1 Micro: Revision on Producer Cartels [31 Mar 2012]
Unit 2 Macro: Policies to Drive Economic Recovery [9 Mar 2012]
The Lorax and market failure. [2 Mar 2012]
Unit 1 Micro: Public Goods [11 Feb 2012]
Unit 1 Micro: Winning the War on Deforestation [5 Feb 2012]
Unit 1 Micro: Illegal logging and the human cost [23 Jan 2012]
Unit 2 Macro: Videos on Productivity [17 Jan 2012]
Unit 3 Micro: Prezi on Environmental Economics [11 Jan 2012]
Unit 1 Micro: Revision MC Questions on Public and Private Goods [9 Jan 2012]
Economics at the Movies - Freakonomics [9 Jan 2012]
Unit 1 Micro: Externalities from Metal Theft [2 Jan 2012]
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Unit 3 Micro: Sub Normal Profits - BP Leaves the Solar Industry [21 Dec 2011]
Economics of Deforestation [20 Dec 2011]
Prezi on Information Failures [20 Dec 2011]
Unit 2 Macro: Long Term Unemployment - A Human Story [15 Dec 2011]
Unit 2 Macro: Will a Youth Jobs Subsidy Work? [30 Nov 2011]
Keeping it local [24 Nov 2011]
LSE lecture: Darwin economy [13 Nov 2011]
Unit 2 Macro: Video Clips on Unemployment [6 Nov 2011]
Unit 3 Micro: Impulses to Change Management Models [5 Nov 2011]
Unit 3 Micro: UK Executive Pay - All in it Together? [29 Oct 2011]
Unit 1 Micro: Is the Sun Dipping on Solar Subsidies? [27 Oct 2011]
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50% tax rates - Chuck it George [7 Sep 2011]
Economics at the Movies: The Cove - Trade in Dolphins [28 Aug 2011]
Unit 2 Macro: Reducing Unemployment after a Recession [11 Jul 2011]
Glastonbury, rain, mud, abandoned tents and negative externalities. [4 Jul 2011]
Unit 1 Micro: Are carbon taxes ineffective? [20 Jun 2011]
Oceans at grave risk [20 Jun 2011]
Poor Economics - Esther Duflo at the LSE [3 Jun 2011]
AS Macro Key Term: Supply-Side Policies [25 May 2011]
Private vs Public goods - amazing pictures of flood defenses! [23 May 2011]
Unit 3 Micro: Monopsony Power in Markets [19 May 2011]
Super-cooperators and Game Theory [19 May 2011]
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A2 Micro: Innovation Efficiency and Welfare [18 May 2011]
A2 Micro: Ownership and Control in Modern Businesses [18 May 2011]
Unit 3 Micro: Diseconomies of Scale [18 May 2011]
Dominos Pizza turns to Behavioural Economics [5 May 2011]
AS Micro Revision: Public and Private Goods [21 Apr 2011]
Key AS Micro Terms: Prices [15 Apr 2011]
AS Macro Key Term: Frictional Unemployment [11 Apr 2011]
RES Essay Competition - Obesity and a Fat Tax [7 Apr 2011]
AS Micro Revision: Banana Prices [1 Apr 2011]
The Power of Incentives [31 Mar 2011]
Economics Q&A: Should the CAP be scrapped? [14 Feb 2011]
EU Economics: Hopes for a low carbon future in Europe [3 Feb 2011]
Youth Unemployment in the UK [24 Jan 2011]
Brisbane before and after the floods [24 Jan 2011]
Winner of the Fun Theory Competition [23 Jan 2011]
Economics Q&A: Can economics provide answers to the crisis of collapsing stocks in global fishing? [19 Jan 2011]
Economics Q&A: Tragedy of the Commons and Market Failure [18 Jan 2011]
Environmental Economics: Five Fresh Links [13 Jan 2011]
Economics Q&A: What are some of the benefits and drawbacks of a period of rising world food prices [4 Jan 2011]
Behavioural Economics - Public Policy and Behavioural Change [30 Dec 2010]
Promising news on deforestation [2 Dec 2010]
Switching Off Street Lighting [10 Nov 2010]
Successors to Roosevelt and Kruger - Marine Parks of the Sea [8 Nov 2010]
Boris’s Bikes - Gearing up for Success? [30 Oct 2010]
Economics at the Movies - The Vanishing Bees [27 Oct 2010]
Economics at the Movies - The End of the Line [26 Oct 2010]
Jerome Kerviel and the Principal Agent Problem [5 Oct 2010]
Animating the Ultimatum Game [6 Sep 2010]
Inequality and the risk of financial crisis [25 Aug 2010]
Falling in love with a fish [11 Aug 2010]
The Upside of Irrationality [22 Jul 2010]
Questions in Behavioural Economics - Combatting obesity [30 Jun 2010]
Recycling waste - goodbye stick, hello carrot [7 Jun 2010]
Innovation to get the British economy growing again [7 Jun 2010]
Unit 2 Macro: How can supply-side policies help in a recession? [6 Jun 2010]
Housing and the British Economy [5 Jun 2010]
Specific Supply Side policies [5 Jun 2010]
A selection of revision notes on supply side policies [1 Jun 2010]
Unit 3 Micro: Efficiency and Price Intervention in Markets [21 May 2010]
A2 Economics Revision - Direct and Indirect Taxation [9 May 2010]
Issues and Prospects for the UK Economy in 2010 [25 Apr 2010]
Build a Tower - Build a Team [22 Apr 2010]
RES Essay Competition - Inequality Title [1 Apr 2010]
Would you like a personalised pothole? [11 Mar 2010]
Behavioural economics - lessons from an ad man [9 Mar 2010]
The mirage of public goods? [7 Mar 2010]
Revision Presentation - Public Goods [23 Feb 2010]
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