Creating positive rewards for species preservation

Creating positive rewards for species preservation

DEFENDERS of Wildlife is a national environmental group devoted to the protection of wildlife and the restoration of habitat. For years, Defenders strongly advocated the regulatory approach to species protection. But they now realize the limitations of regulations, particularly when dealing with private landowners. This October, they published a collection of essays titled “Building Economic […]

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 Looking for a Bill Gates of environmental policy

Looking for a Bill Gates of environmental policy

EACH June, at the end of the academic year, I head back to FREE’s office in Bozeman, Mont., and spend the summer on a nearby ranch. I cannot imagine a better “commute” than between Seattle and the northern reaches of the Yellowstone ecosystem. On these drives I always recall John Steinbeck’s suggestion that Montana would […]

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 A radical proposal to bail out Smokey: privatization

A radical proposal to bail out Smokey: privatization

THE debate over old-growth forests pits preservationists against those depending on this timber for their livelihood. With each side committed to different uses of nature, conflict seems inevitable, for not all good things go together. This conflict is heightened by public ownership and political control. Special-interest groups are special precisely because they focus on their […]

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 Prosperity and environmental quality go hand in hand

Prosperity and environmental quality go hand in hand

IT is clear from the argument of protectionists in Congress that many are pessimistic about the future of U.S. manufacturing. But recent events suggest prudent optimism, if not unconstrained joy. While not all good things go together, some do. Economic understanding can help us find such unions. Environmental leaders show this improved understanding of economics. […]

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 Drug-price controls would hurt, not help, consumers

Drug-price controls would hurt, not help, consumers

THE president and Hillary Rodham Clinton are selling the outlines of their health-care program to the nation. We have been told to expect many good things from it. Universal access, coverage of pre-existing conditions and expanded basic care would benefit many people. But it is likely that fully implementing a nationalized health-care plan will cost […]

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 Letting markets help the environment

Letting markets help the environment

THE RECENT forest conference in Portland was, as expected, both well-attended and highly publicized. The scene, however, was more impressive than was the substance. Virtually nothing was resolved. Unfortunately, this is a predictable consequence of political decision-making. And the conference’s politicking and posturing overshadowed that week’s true environmental milestone: the inaugural sale of pollution rights […]

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 Property protection and property rights in harmony

Property protection and property rights in harmony

WHEN considering the proposed “Ancient Forest Summit” or “Timber Summit” (word choice is significant), we should carefully segregate our hopes from our expectations. Yet I’m hopeful that the summit will increase understanding and improve policy. Here’s why. Twenty years ago my colleagues and I at Montana State University advocated market incentives and property rights as […]

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 Harnessing the predatory power of the bureaucracy

Harnessing the predatory power of the bureaucracy

IN every language the term “bureaucracy” bears a crust of derision. This is no accident, for bureaucratic incentives invariably produce problems. Bureaucracies tend to replace the goals that justified their creation with actions that protect their budgets. The good news is that we can harness this fatal propensity in a way that will improve government […]

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