Weekly Economic News Roundup and stranded ship's oil spill
Environment
Why a Catastrophic Oil Spill Might Not Happen

How the world could prevent a catastrophic oil spill and avoid the tragedy of the commons according to an economics Nobel laureate.

weekly economic news roundup and noise pollution
Economic Thinkers
Where a Traffic Light Could Cut Noise Pollution

To diminish the city’s noise pollution, Mumbai is experimenting with traffic lights that last longer when drivers honk too much.

Weekly Economic News Roundup and Air Pollution
Economic Thinkers
What an Air Quality Index Really Measures

While the Air Quality Index (AQI) is a pollution yardstick, it also can signal if we are controlling the tragedy of the commons.

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