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Carrots And Sticks From Obama’S Solyndra And Beyond, Paul Boudreaux Sep 2012

Carrots And Sticks From Obama’S Solyndra And Beyond, Paul Boudreaux

Paul Boudreaux

The most prominent environmental issue of the 2012 presidential election was the Solyndra debacle, in which the Obama administration lent more than $500 million to a solar energy company that later went bankrupt. Such financial “carrots” have been a centerpiece of President Obama’s environmental policy. This Essay uses the Solyndra story to expose the fatal flaws of a policy of carrots, including their inherent susceptibility to politicization and the government’s inaccuracy in making “bets” in the private market. If the environmental community is serious about difficult legal steps, such as combating global warming, it should eschew the allure of carrots …


Carrots And Sticks From Obama’S Solyndra And Beyond, Paul Boudreaux Sep 2012

Carrots And Sticks From Obama’S Solyndra And Beyond, Paul Boudreaux

Paul Boudreaux

ABSTRACT The most prominent environmental issue of the 2012 presidential election was the Solyndra debacle, in which the Obama administration lent more than $500 million to a solar energy company that later went bankrupt. Such financial “carrots” have been a centerpiece of President Obama’s environmental policy. This Essay uses the Solyndra story to expose the fatal flaws of a policy of carrots, including their inherent susceptibility to politicization and the government’s inaccuracy in making “bets” in the private market. If the environmental community is serious about difficult legal steps, such as combating global warming, it should eschew the allure of …


The Impact Xat, Paul Boudreaux Mar 2012

The Impact Xat, Paul Boudreaux

Paul Boudreaux

At a time when the economy and the housing market rise and fall together, the phenomenon of impact fees complicates the construction of new housing across the nation. Although justified as a means of forcing new development to “pay its way” for the costs of government infrastructure necessitated by the new housing, impact fees typically are imposed in a way that makes them, in effect, a dubious population tax. Indeed, the typical fee does little to discourage costly suburban sprawl. This essay – using economic lessons from policies that discourage usage of scarce resources with light bulbs, bathrooms, and buildings …


The Impact Xat, Paul Boudreaux Mar 2012

The Impact Xat, Paul Boudreaux

Paul Boudreaux

At a time when the economy and the housing market rise and fall together, the phenomenon of impact fees complicates the construction of new housing across the nation. Although justified as a means of forcing new development to “pay its way” for the costs of government infrastructure necessitated by the new housing, impact fees typically are imposed in a way that makes them, in effect, a dubious population tax. Indeed, the typical fee does little to discourage costly suburban sprawl. This essay – using economic lessons from policies that discourage usage of scarce resources with light bulbs, bathrooms, and buildings …


The Impact Xat, Paul Boudreaux Nov 2011

The Impact Xat, Paul Boudreaux

Paul Boudreaux

Impact fees complicate the construction of new housing across the nation. Although justified as a means of forcing new development to “pay its way” for the costs of government infrastructure necessitated by the new housing, impact fees are imposed in a way that make them, in effect, a dubious population tax. Indeed, the typical impact fee does little to discourage costly suburban sprawl. This essay, using economic lessons from policies to discourage the wasteful use of resources with light bulbs, bathrooms, and buildings, suggests a new policy course. It proposes an impact xat (a cross between a tax and fee) …


The Impact Xat, Paul Boudreaux Nov 2011

The Impact Xat, Paul Boudreaux

Paul Boudreaux

Impact fees complicate the construction of new housing across the nation. Although justified as a means of forcing new development to “pay its way” for the costs of government infrastructure necessitated by the new housing, impact fees are imposed in a way that make them, in effect, a dubious population tax. Indeed, the typical impact fee does little to discourage costly suburban sprawl. This essay, using economic lessons from policies to discourage the wasteful use of resources with light bulbs, bathrooms, and buildings, suggests a new policy course. It proposes an impact xat (a cross between a tax and fee) …


Homes, Rights, And Communities, Paul Boudreaux Aug 2009

Homes, Rights, And Communities, Paul Boudreaux

Paul Boudreaux

Homes, Rights, & Communities, by Paul Boudreaux. Homeowners associations (HOAs) and their restrictive covenants have become a way of life for millions of American families, especially in the wake of the recent housing boom. While some economically oriented writers view HOAs as a welcome manifestation of voluntary contract, others commentators argue that the often-intrusive covenants may not mirror residents’ desires and enforce a stifling conformity on our communities. In this article, Paul Boudreaux uses these criticisms and the existing law of individual rights to develop a substantive “bill of rights” for HOA residents against these covenants, using as its guiding …