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Can the Free Market Solve the Problems Posed by Climate Change?
Thursday, March 20, 2008 5:22 PM
[Cross-posted on the parent blog ] When confronted by the possibility of climate change, many libertarians default to the position that the free market, with its ability to mobilize the ingenuity of the economy for the satisfaction of the desires of the people, will provide the solutions we desire. I want to discuss this view, because I think it is the result...
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Asymmetry Between Positive and Negative Externalities
Tuesday, March 11, 2008 4:27 PM
[Cross-posted on the parent blog ] I want to discuss an asymmetry between positive and negative externalities which I think might be important when thinking about how to use the enforcement of justice to determine which actions should be permitted. Sometimes, we let individuals impose costs on others, provided compensation is payed, because their actions produce...
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Please note that only posts relating to libertarian and economic philosophy appear here. To read content relating to other subjects, please check out the parent blog at http://libertarian-left.blogspot.com