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The Green Economy

Commentary

Enrolling Capitalism in the Fight Against Climate Change

Alessio Terzi
Environmentally conscious critics of contemporary capitalism often highlight the system’s permissiveness toward egregious pollutant activities, typically enjoyed by the ultra-wealthy. Using private jet ownership...
Research

Investors Are Failing To Take into Account the Green Transition

Shaojun Zhang
A stock market that has priced in the transition risk away from greenhouse gasses would see higher future returns, the so-called carbon premium, for...
Industrial Policy

The Case for Green Industrial Policy

John Van Reenen
Industrial policy was once so out of fashion that it was jokingly called “the policy that shall not be named.” Now it’s back in...
Democracy

Climate Change Is Shifting Voter Behavior in Low-Income Countries

Amrit Amirapu
Farmers in low-income countries have multiple channels through which they respond to climate change. Some switch to growing more heat-resilient crops or crops that...
News

Capitalism Does Not Require a Tradeoff Between Planet and Profit

Alessio Terzi
Critics of capitalism claim that the economic system incorrigibly encourages the exploitation of the planet and is thus incompatible with efforts to mitigate climate...
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The publication of the Stigler Center at The University of Chicago Booth School of Business

ProMarket is dedicated to discussing how competition tends to be subverted by special interests. The posts represent the opinions of their writers, not necessarily those of the University of Chicago, the Booth School of Business, or its faculty. For more information, please visit ProMarket Policy.