Do U.S. EPA Regulations Actually Make Global Pollution Worse?

<h2>Exporting pollution, one factory at a time.<a href="http://www.professorhollybell.com/wp-content/uploads/2014/03/ID-10043521.jpg"><img class="alignright size-medium wp-image-2680" alt="pollution" src="http://www.professorhollybell.com/wp-content/uploads/2014/03/ID-10043521-200x300.jpg" width="200" height="300" /></a></h2> <p>The Heritage Foundation recently published an article on how climate regulations designed to put an end to coal fired electric plants will significantly harm U.S. manufacturing (<a href="http://www.heritage.org/research/reports/2014/03/epas-climate-regulations-will-harm-american-manufacturing">EPA's Climate Regulations Will Harm American Manufacturing</a>). This got me thinking, if EPA regulations drive manufacturing offshore, is it possible that by increasing environmental regulation in the U.S. and driving manufacturing to regions where little environmental regulation exists, is the EPA making global pollution worse overall?</p> <p>Another way to think about this is: Is there a regulatory "sweet spot" that is more likely to keep manufacturing in the U.S. while reducing overall global pollution? After all, pollution in China, for example, ultimately impacts the U.S.  (see <a href="http://www.nytimes.com/2014/01/21/world/asia/china-also-exports-pollution-to-western-us-study-finds.html?_r=0">here</a>).</p> <p>The short answer to the question is "maybe". In theory this would appear to be true, however, finding publicly available year-over-year raw

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The 3 Factors Leading to the Demise of Hostess

<h2>The U.S. Government Contributed to the Lack of Sustainability at Hostess</h2> By Holly A. Bell<a href="http://www.professorhollybell.com/wp-content/uploads/2012/11/ID-100105282.jpg"><img class="alignright size-medium wp-image-2127" title="ID-100105282" src="http://www.professorhollybell.com/wp-content/uploads/2012/11/ID-100105282-222x300.jpg" alt="Hostess"width="222" height="300" /></a> There’s been a great deal of speculation about why <b>Hostess</b> was not able to maintain their operations. Like most business issues, the demise of <i>Hostess</i> is not as simple as it appears on the surface. While there were three primary factors, there was one root cause. <strong>Government Distortions.</strong> A government distortion is any action taken by the government that disrupts the natural price mechanism of a market based on supply and demand. In this case the market that was distorted was the sugar market. Wholesale sugar prices in the United States are remarkably higher than the rest of the world due to quotas and tariffs enforced by the U.S. government. In 2011 the average wholesale price of sugar in the US was 56.22 cents per pound compared to 31.68

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Why Self-Interest In Markets Can Benefit Everyone

<h2>What Penguins Know About Business: The Value of Sharing in Markets</h2> <a href="http://www.professorhollybell.com/wp-content/uploads/2012/06/penguin.jpg"><img class="alignleft size-medium wp-image-1705" title="penguin" src="http://www.professorhollybell.com/wp-content/uploads/2012/06/penguin-200x300.jpg" alt="" width="200" height="300" /></a>From Paul J. Zak at Claremont Graduate University: <div></div> "There’s nothing new about being shameless, or ruthless and cynical, when it comes to making a buck. Plenty of people in business seem to think that fakery and exploitation is the name of the game. Which is one reason that trade and commerce have always had something of an image problem. “Behind every fortune is a great crime” is one way of looking at it. “Never give a sucker an even break” is another. Contrary to those sentiments, research in my lab and in numerous field experiments has shown that the marketplace actually makes people more <a title="Psychology Today looks at Morality" href="http://www.psychologytoday.com/basics/morality">moral</a>, not less. Trade not only depends on moral behaviors like trustworthiness; it extends it beyond the small circumference of kinship or

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Hold the ‘Double Irish With a Dutch Sandwich’ In The Post-Recession Developed World

<a href="http://www.professorhollybell.com/wp-content/uploads/2012/05/ID-10024226.jpg"><img class="alignright size-medium wp-image-1448" title="ID-10024226" src="http://www.professorhollybell.com/wp-content/uploads/2012/05/ID-10024226-300x189.jpg" alt="Post-recession"width="300" height="189" /></a>By Holly A. Bell By now we have all accepted that we live in a global community. Globalization means we have to think about competition in all areas on a global basis including education, tax structures, and legal environments. Businesses are competing globally for locations, employees, and customers. While there has been a lot of discussion about who is emerging in the developing world, my question is: Which developed country is going to come out on top as the global economy recovers? While I can’t offer you a specific country, I can at least provide my thoughts on what that country might look like. I suggest the following characteristics of the most economically successful, <b>post-recession</b> developed country: <ul> <li><strong>A high quality and affordable education system. </strong>The education system will be rigorous, have standards, opportunities for advanced study, and will seek to make the majority

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Guest Article: Should the U.S. Reset Economic Relations With Russia?

<div class="rpuEmbedCode"><!--rpuEmbedStart--> <script type="text/javascript" src="http://1.rp-api.com/rjs/repost-article.js?3"></script> <div class="rpuArticle rpuRepost-ea5cae766f7a4f2d3f0741638ce02cb7-top" style="margin: 0; padding: 0;"><a rel="nofollow" class="rpuThumb" href="http://s.tt/18NyA"><img style="float: left; margin-right: 10px;" src="http://img.1.rp-api.com/thumb/1408722" alt="Russia"/></a> <a rel="nofollow" class="rpuTitle" href="http://s.tt/18NyA"><strong>Obama must reset relations with Russia along economic lines</strong></a> (via <a rel="nofollow" class="rpuHost" href="http://s.tt/18NyA">The Christian Science Monitor</a>) <p class="rpuSnip">By Frances G. Burwell and Svante Cornell posted April 4, 2012 at 8:55 am EDT Washington As Vladimir Putin prepares for his May inauguration and return to the Russian presidency, the United States must design a new relationship with this often difficult leader and his country. The “Russian Reset”…</p> </div> <!-- put the "tease", "jump" or "more" break here --> <a href="http://www.professorhollybell.com/2012/04/10/should-the-u-s-reset-economic-relations-with-russia/#more-1301" class="more-link"><span aria-label="Continue reading Guest Article: Should the U.S. Reset Economic Relations With Russia?">(more…)</span></a></div>

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US-China Trade Disputes Include The Kitchen Sink

<div class="rpuEmbedCode"><!--rpuEmbedStart--> <script type="text/javascript" src="http://1.rp-api.com/rjs/repost-article.js?3"></script> <div class="rpuArticle rpuRepost-2fbb36c5c211411d32cfcdfd661f97f4-top rpuNoTitle" style="margin: 0; padding: 0;"><a class="rpuThumb" href="http://s.tt/18uNC"><img style="float: left; margin-right: 10px;" src="http://img.1.rp-api.com/thumb/1355497" alt="" /></a> <a class="rpuTitle" href="http://s.tt/18uNC"><strong>US-China trade disputes likely to rage on</strong></a> (via <a class="rpuHost" href="http://s.tt/18uNC">AFP</a>) <p class="rpuSnip">The recent bumper consignment of US-China <i>trade</i> disputes will be followed by boatload after boatload of new problems in coming years, experts predict, but that may be little cause for concern. The sheer range of products fought over by the world's two largest economies is imposing, and becoming more…</p> </div> <!-- put the "tease", "jump" or "more" break here --> <a href="http://www.professorhollybell.com/2012/03/30/us-china-trade-disputes-include-the-kitchen-sink/#more-1242" class="more-link"><span aria-label="Continue reading US-China Trade Disputes Include The Kitchen Sink">(more…)</span></a></div>

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Trade Battle Brewing Over Rare Minerals

<div class="rpuEmbedCode"> <!--rpuEmbedStart--> <script src="http://1.rp-api.com/rjs/repost-article.js?3" type="text/javascript"></script> <div class="rpuArticle rpuRepost-dd5fde6e485df5dbee419a8921caf3bd-top rpuNoTitle" style="margin:0;padding:0;"> <a rel="nofollow" href="http://s.tt/17ldF" class="rpuThumb"><img alt="trade" src="http://img.1.rp-api.com/thumb/1151088" style="float:left;margin-right:10px;" /></a> <a rel="nofollow" href="http://s.tt/17ldF" class="rpuTitle"><strong>Trade Battle Brewing Over Rare Minerals</strong></a> (via <a rel="nofollow" href="http://s.tt/17ldF" class="rpuHost">redOrbit</a>) <p class="rpuSnip"> A battle is brewing over the global supply of 17 rare earth minerals reports the Associated Press this week. The United States, the European Union and Japan filed complaints on Tuesday with the World <i>Trade</i> Organization claiming that China has set limits on the export of rare earth minerals. “China… </p> </div> <!-- put the "tease", "jump" or "more" break here --> <a href="http://www.professorhollybell.com/2012/03/14/trade-battle-brewing-over-rare-minerals/#more-1209" class="more-link"><span aria-label="Continue reading Trade Battle Brewing Over Rare Minerals">(more…)</span></a></div>

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