Painting the White House Green

Environmental-Economics published my review of Painting the White House Green. Despite the title, it is not a book about building a facade of green politics. Rather, it is subtitled Rationalizing Environmental Policy Inside the Executive Office of the President. All eight contributors, including eds. Randall Lutter and Jason F. Shogren, were senior members of the President's Council of Economic Advisors. And each played a direct role in shaping the environmental policies they evaluate. The book provides insight into the power of economic analysis to improve the efficiency of environmental policy for all players. In addition, the book is a rare glimpse into how the CEA (and economics) interacts with politics, how it can be impeded by exogenous factors, and finally when and where it recognizes its own limitations.

You can read the review here.