Journal of Economic Literature
Book Reviews
2026-08-28
Thomas M. Power of University of Montana reviews “Environmental Economics for Tree Huggers and Other Skeptics” by William K. Jaeger,. The EconLit Abstract of the reviewed work begins “Explores the importance of economic analysis for understanding the causes of environmental problems, and provides the reader with the tools necessary to see ways to solve these problems. Discusses economic analysis in brief; trade-offs, efficiency, and demand; production, profit, and supply; today versus tomorrow; market failures; sustainability--stocks and flows; economic growth and development; international trade; rules of the game; pollution policies; land and forest policies; the fishery predicament; policy failures; valuing the environment; project and policy evaluation; and economics and morality. Jaeger is Associate Professor in the Department of Agricultural and Resource Economics at Oregon State University. Index.”