Political Economic Digest #10 On Free Markets and Environment

In this series, we’ll be discussing about free markets and environment. Environment conservation is emerging   as  one  of  the   most  pertinent  issues  of  our  time. We will mostly be talking about how the environment can be conserved through free markets and if we should be overly worried about the ongoing impact of human activities on the environment.

First reading for these series is a well known essay called “Why I am not an environmentalist” by economist  Steven Landsburgh.  In  the  essay,  the  author  argues  that  environmentalism  is  a  political ideology and majority of environmental issues aren’t as grave as the environmentalist state them to be.

Second reading is an article entitled “How Free Markets Protect the Environment” by Richard L. Stroup and Jane Shaw who are associated with Property and Environment Research Center. In this article, the authors discuss on property rights as a measure to conserve and promote natural environment.

Third reading is an article entitled “Shoot an Elephant, Save a Community” by Terry Anderson who is the John and Jean De Nault Senior Fellow at the Hoover Institution, is the executive director of PERC—the Property and Environment Research Center—a think tank in Bozeman, Montana, that focuses on market solutions to  environmental problems. In this article, he explains how by assigning economic value to animals, hunting preserves more wildlife than it kills.

Read more in the uploaded file.

 

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