Sets forth in a straightforward and sensible way the
philosophical reasons for the non-economist's skepticism of the
economist's view of the world. Its relevance extends beyond
environmental issues to other areas where microeconomic theory is
being applied to public policy.
Kelman cites results to confirm his view that both opponents and
supporters of economic incentives have important philosophical
concerns. He takes the role of an advocate of the use of incentives
in formulating an environmental policy. He also discusses political
strategy from the point of view of the policy entrepreneur who is
trying to get ideas adopted. Economists and non-economists alike
will welcome this book as a bridge over a perceptual gap in an
important area of policymaking.
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