[…] authors who discuss why there was little economic growth on Western Indian reservations, how Yellowstone National Park really was established (by the railroads), and the subsidized development of water resources. The book illustrates the interplay of economic and political forces on Western development. Terry L. Anderson is the executive director of PERC and a […]
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The Political Economy of Customs and Culture:
The Political Economy of Customs and Culture: Informal Solutions to the Commons Problems Terry L. Anderson and Randy T. Simmons, Editors Informal customs and traditions can serve as alternatives to private property rights, preventing the βtragedy of the commonsβ β overuse of resources. The book presents both theory and empirical evidence, with many examples […]
Taking the Environment Seriously
Roger Meiners and Bruce Yandle, Editors After two decades of high-cost, low-output federal efforts to protect and improve environmental quality in the United States, the contributors to this volume argue that it is time to consider market-oriented solutions to environmental problems. Roger Meiners is a PERC senior associate and professor of law and economics […]
PERCβs βAfter Rioβ Journalism Conference Spurs Reaction
A correspondence on why government’s efforts to conserve our natural resources fall short of the work done by private conservationists.
How Free Markets Protect the Environment
[…] show that I suffered the damage for which I am demanding compensation. And I must prove that the cause of the damage was your air pollution. Without reliable information, owners cannot adequately defend their property rights in court. Air could have been contaminated by many different sources, for example, or the health effects could […]
Property Rights and Indian Economies
Terry L. Anderson Editor Most research on American Indian economies seeking to explain why Indians have remained near the bottom of the economic ladder has concentrated on resource endowments. This approach has focused policy attention on creating government programs to expand resource exploitation either by encouraging non-Indians to develop reservation resources or by directly […]
Zimbabwe Makes Living With Wildlife Pay
When people live in subsistence conditions, an environmental ethic easily gives way to survival. When people view wild animals as a valuable asset, poaching and habitat destruction decrease.
A Private Fix for Leaky Trout Streams
[…] there is no unclaimed water, fishermen should be concerned that state agencies under severe fiscal constraints will not be able to continue preserving instream flows. A recent study by the Western Governorsβ Association found that βstates are reluctant to try β¦ to protect and enhance instream flows because to do so is to invite […]
Markets and Morality
[…] capitalism does have a number of moral strengths that are lacking in other economic systems. Capitalism Defined Although the βmarketβ is often considered an alternative to central planning or state ownership of the means of production, it is not a rigid institutional order like socialism or communism. What we call capitalism or a free-market […]
BZN Film Event: Good Fire, Bad Fire
[…] on the American West. Morgan Varner Tall Timbers Morgan is the director of fire research at Tall Timbers, a land trust and research organization dedicated to the study of fire ecology, prescribed fire, and land management. He holds a Ph.D. in Interdisciplinary Ecology from the University of Florida School of Natural Resources & Environment. […]