POLSCI 2J03 Lecture Notes - Lecture 5: International Political Economy, Precautionary Principle, Kuznets Curve
20 Mar 2013
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Research essay due mon june 11th: 8 peer review, 2 primary or other sources (ex. newspaper, foot notes, apa whatever you want, no requirements for diagrams or pictures. This happens as gdp per capita begin to increase: see a greater ability of these societies to prevent this degradation, pollutants to completely defy this model = green house gases (carbon. Dioxide/methane: marshallian cross is shown identifying optimal price and quantity. Sulphur and ash deposits on buildings and vehicles. Privatize the commons: enclosure results in the property rights of land. Maximize and use market to try and allocate resources an efficient way for society. Get firms to invest in clean tech/pay gov. the right to pollute who will use this money to help promote green tech. A new instrument to intervene in market to provide an incentive structure. Takes advantage of the flexibility that exists in high functioning markets.
