Environmental damage
Capitalism Does Not Require a Tradeoff Between Planet and Profit
Critics of capitalism claim that the economic system incorrigibly encourages the exploitation of the planet and is thus incompatible with efforts to mitigate climate...
Fracking Can Lead to Elevated Salt Levels in Surface Water, Study Finds
A new study finds that fracking can lead to increased salt levels in water surfaces, especially during the early stages of production and in...
What Happens When Multinationals Appear in Reporting on Activist Assassinations? High-Profile Media Has Bite
A new report finds that being linked to human rights abuses—merely appearing in reporting around high-profile events—can significantly influence a company’s stock market value....
President-Elect Joe Biden and the Real Lessons of DuPont
Simply talking corporate America into being more responsible is not enough. It may get corporations to talk the talk, but not to walk the...
How Companies Spin Off Environmental Liabilities to Avoid Legal Obligations
Environmental externalities are vexing for corporate decision makers, but some companies have figured out a way to deal with them: a spinoff. A recent...
Livestreaming Polluters to Enforce Environmental Policy: Evidence from a Natural Experiment in Pittsburgh
Enforcing environmental regulations is controversial and can be costly. But researchers at UCLA and Carnegie Mellon have proposed a low-cost alternative for enforcement—disclosing emissions...
Depositors Disciplining Banks: The Impact of Scandals
Can depositor activism make a real difference? New research set to be presented at the upcoming Stigler Center Political Economy of Finance conference examines the Dakota...
What Can We Learn from London’s Long Struggle with Air Pollution?
Research on the long-term effects of pollution on mortality has been held back by lack of historical pollution data. In a new working paper,...
Does Environmental Crime Pay?
A new Stigler Center working paper conducts a cost-benefit analysis of DuPont's emissions of a toxic chemical dubbed C8.
The Trump administration has shown clear signs that it...
