Bad Ideas about Trade

In one of its good initiatives, the Obama administration is trying to finalize the Trans Pacific Partnership – a multilateral trade treaty with some of the most successful and fast-growing nations West…

On Natural Resources

International lawyers often invoke a rule dubbed “Permanent Sovereignty over Natural Resources [hereinafter PSNR]. The rule reads : “The right of peoples and nations to permanent sovereignty over their natural…

Pricing Water

Many of this blog’s readers are familiar with Econtalk, and I want to recommend a terrific recent episode on the importance of not underpricing water with economist David Zetland. It…