Carriker, Infanger, and Shabman and Stephenson have provided a set of papers related to the current debate over environmental regulatory reform. Each paper stands alone as a distinct and valuable contribution to the literature on this subject. Yet as a set they complement one another and form a whole that is greater than the sum of its parts.

Carriker, in his comprehensive overview of federal environmental policy in the U.S., painstakingly describes the origins, evolution, and impacts of nine major pieces of environmental legislation, and thus sets the stage for discussion of current issues and professional perspectives in the other two papers. Carriker's paper is well documented and should also serve as a good primer for students taking natural resource and environmental economics courses or contemplating graduate research in this area.