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Letters to the Editor

A Case of Government Discrimination I note an important oversight in Robert Glennon’s tentative endorsement of market solutions for settling claims to water rights. Toward the end of the article he qualifies his endorsement with an argument that is as old as the environmental movement—that “Markets have difficulty internalizing environmental values.” He then proceeds toContinue reading “Letters to the Editor”

State Parks’ Progress Toward Self-Sufficiency

DOWNLOAD THE FULL REPORT Introduction Although our national parks are considered the crown jewels of our country, state parks also are stunningly beautiful and play a key role in protecting our natural resources. Providing recreation close to home, state parks receive three times more visitors than national parks. The variations among the state park systemsContinue reading “State Parks’ Progress Toward Self-Sufficiency”

Markets and Morality

Editor’s note: In the winter of 1988, Peter J. Hill, a PERC senior fellow and a professor of economics at Wheaton College of Wheaton, Illinois, wrote the following article on markets and morality. It was originally published in PERC Viewpoints, a series of papers on policy alternatives. It offers some valuable insights that are asContinue reading “Markets and Morality”