Natural Wealth of Nations

The Natural Wealth of Nations offers concrete solutions to environmental problems by showing how we can turn the tremendous power of market economies away from environmentally destructive activities and toward protecting natural wealth and human health. Why are the world's governments wasting more than $650 billion each year to subsidize activities that harm the environment, from logging to mining to driving? David Roodman shows how cutting these wasteful subsidies can boost the economy and save tax dollars, while protecting the environment. Roodman also proposes raising taxes on harmful activities like air pollution, while cutting taxes on payrolls and profits - a tax shift that would discourage pollution without harming the economy.