Green Standards & Economic Development - an interview with Matthew Kahn
The Federal Reserve Bank of Cleveland's Forefront Magazine talks to IoE Professor Matthew Kahn.
"Many environmentalists point to the quantity effect of capitalism, the American Dream that people want more...but people ignore the quality effect that a richer nation can have higher-quality [i.e., cleaner] products. In a nutshell, it's a race between quantity and quality that generates this inverted U with economic development—first you get pollution, but then you actually solve pollution problems with further economic development," said Kahn.
Matthew Kahn, an environmental economist with the UCLA Institute of the Environment, writes and comments frequently on issues related to environmental policy, including the costs and benefits of environmental regulation and the relationship between consumer and institutional behavior and environmentalism.
To read a transcript of the interview by Francisca Richter, click here.
Published: Friday, December 18, 2009