Category Archives: Economic impact

The Economics of Nature

We went for the first time this year to the Orono Bog Boardwalk on Monday morning.  This is an absolute gem of a resource for the Penobscot Valley community, giving people easy access to a part of our Acadian landscape that is not often so easily visited.  If you have never been there you will […]

Question 1: Rent Seeking Run Amok

Mailboxes are flooded with direct mail fliers.  The roadsides are littered with plastic signs.  We are admonished to Vote Yes On Question 1 on November 7.  This is one of the clearest examples of rent seeking behavior I have ever seen.  It is text book quality. Rent seeking occurs when an economic actor, in this […]