Economic Policy and the Environment Assignment Example | Topics and Well Written Essays - 250 words

Economic Policy and the Environment - Assignment Example To curb, environmental externalities, many laws have been enacted to remedy or deter environmental pollution. One of these laws is the A Pigovian tax. This is a tax that is applied to someone who is causing negative externalities in the environment. The tax law is intended to correct inefficiencies resulting from market activities. It operates by setting equal the social costs of the negative externalities resulting from economic production. In a normal economic production, the presence of negative externalities is not compensated for by the benefit accruing from the production processes (Burrows, 2009). This makes the market inefficient and may lead to overconsumption of the product. Besides, this may result in an equal distribution of resources in the society as the producer benefit to the detrimental of the environment. Through applying such taxes, negative externalities would be reduced to have an equal distribution of benefits resulting from the resources. This reduces cases of environmental pollution which has resulted in extreme catastrophic environmental destruction. This law was instituted by an economist Arthur Pigou in collaboration of William Baumol. Since its inception, the tax law has proven efficient in reducing environmental externalities (Sandmo,

Terrorist Attacks of Al Qaeda and Hamas Essay Example | Topics and Well Written Essays - 2000 words

Terrorist Attacks of Al Qaeda and Hamas - Essay Example There will be clear comprehension as to what drives these groups, and since both of them are Middle Eastern in origin the research will point out that religion and culture are the two main ideologies that drive them to terrorist activities. The conclusion shows that since these people that partake in terrorist activities within these groups have adapted to this way of life there is no real way to change their mind sets and therefore it is an adverse sociological issue that will continue for years to come. Hamas and Al Qaeda view the justification for terrorism as stemming from their origin and the use of Jihad and conflict to resolve disputes. Nevertheless, other countries view the idea of conflict as being something irresolvable, despite how complex or trivial it might be if terrorist activities are the strategies being utilized to minimize it (Farah 2003). Nevertheless, in much of the Middle Eastern land it is moral in Islamic religion to use the strategy of suicide bombing or mass killing of people to gain control and understanding of other people. As for non Muslims, there is no motive for terrorism that is justified. Problems can be resolved between people or nations through negotiation. In the process of negotiation, no party should aim to be a winner; otherwise, the aim of the negotiation will be defeated. There is no motive or morality in terrorizing people for whatever reason, in the minds of non Muslims, in order to simply gain their approval. However, this is where Hamas and Al Qaeda groups differ from other groups in the Middle East. A good example of what instigates violence and terrorist activity in these groups' minds is with issues such as the widely reported Danish cartoon of the Prophet Mohammed, which caused immense damage to people and properties around the world as the Muslims used the opportunity to attack non Muslim interest throughout the globe following this occurrence. Obviously they took it to the extreme left wing as even with, the burning of churches and killing of innocent people, it did not make things right. Therefore, despite the outcome that presents itself, many Muslims see the act of terrorism as a fight for a just cause in defense of their religion and Prophet Mohammed. This is the main ideology that drives both of these terrorist groups. The terrorism that is taking place between Israel and Palestine (Hamas Group) is in much part due to the terrorist government group that is utilizing suicide bombers even during negotiations of peace (Melgreen 2006). Israel is willing to embrace peace and ready to negotiate to reach peaceful agreement. This is reflected in the statement by Farah (2003), "This country is in a fight for its life against the forces of darkness in this world. We can prevail only with consistency, fortitude and by doing what is right." Israel and Palestine can only reach an agreement through peaceful means. The use of suicide bombers in the negotiation process will only prolong the peace process because Israel will not want to concede to terrorist regime and Israel would want to protect its own people against terrorism. The new regime in the