Articles
Property rights are essential for market exchange. The definition of those rights, their enforcement, and their transferability all help determine the extent of trade and the rate of economic development and wealth creation.
By James Workman
One sunny day in La Jolla, at the public Windansea Beach, I tried to catch a wave and sit on top of the world. I splashed into the “wild, open, and free” waves with the Beach Boys’ “Surfin’ Safari” melody in my head.
Just as the market brought the bison to near extinction, so too has it brought them back from the brink.
To keep the water running in LasVegas, recognize scarcity and let water rates rise-- double or even triple. Encourage homeowners to trade water rights. Let the market determine how much water people use, not the water police.
Could the political conflict over wolf recovery efforts be resolved via economics? Let the bidding begin.
Productive farm land near large urban centers is being protected as conservation easements include farming as a stipulation of the tax-reducing easements.
Economist, n. a scoundrel whose faulty vision sees things as they really are, not as they ought to be. —after Ambrose BierceBy Daniel K. Benjamin
Founded 30 years ago in Bozeman, Montana, PERC—the Property and Environment Research Center—is the nation’s oldest and largest institute dedicated to improving environmental quality through property rights and markets.
PERC’s publications, each designed to resonate with specific groups, move ideas generated at PERC to broader audiences.
Research is at the heart of PERC's work, with a focus on the question: What is the link between economic growth and environmental quality?
The goal of PERC’s programs is to fully realize the vision of establishing “PERC University,” where scholars, students, policy makers, and others convene to expand the applications of free market environmentalism.
PERC's fellowships share a common goal of exposing new scholars, students, journalists, and policy makers to free market environmentalism, as well as enable scholars already familiar with FME to explore new applications.
PERC continues to publish and present a broad range of research and discussion through podcasts, videos, and other multimedia channels.