ENVIRONMENTAL REGULATION DURING THE 1990S: A RETROSPECTIVE ANALYSIS

This Article addresses the inouence of economics on environmental and resource policy-making during the 1990s. We focus on the Clinton administration and highlight important trends and changes in the impacts of economic concepts such as efaciency, cost-effectiveness and distributional equity. The continuing controversy over the appropriate role for economics in environmental policy design makes this a particularly good time to analyze environmental policy during the 1990s from an economic perspective. We note that the role of efaciency as a criterion for assessing environmental and natural resource rules and regulations was very controver-