See photo gallery.

NY Times video report. (5:39 long)

Along with the other chapter 02-related events Bookmarked here, watch the video (or the part indicated) and prepare to discuss on W 1/31:

- Which normative standards or ethical criteria are brought up (explicitly or implicitly), and how?

- What implications does the use of those standards have for dealing with the environmental issue in question?

MSNBC video report, Nov. 2014 (4:14 long)

See the abstract and graphics.

Embedded video (1:43:55 long, but watch first 4:00 or 4:45) 

Australian Broadcasting Corporation video report (2:22 long) at head of article with photos of smog.

New York Times article.

Read Coase’s comments on “The problem of social cost," the source of the Coase "Theorem." They start more than halfway through. Other parts of his work that he addresses here are less relevant to our course. This is also linked to Efficiency lecture slide 10, which you'll see released on Wed. 2/14.

By the way, Oliver Williamson, another Nobel Laureate mentioned by Coase, studied at Ripon College in the 1950s.