The projects are: rigorous enforcement of trade rights, formulation of a national industrial strategy, cost-benefit testing of environmental rules, and reorganization of the space exploration program.

FORBES: Four Inexpensive Ways To Restore America's Future

In practical terms, it means that you have to take economic cost-benefit trade-offs into account in environmental laws, and keep environmental trade-offs in mind with economic development.

ECONOMIST: The great race | The

That is why the next wave of environmental policymaking will need to employ commonsense tools such as cost-benefit analysis, and make greater use of flexible, market-based instruments such as emissions-trading, rather than the tired command-and-control approach favoured by most greens.

ECONOMIST: Energy and the environment