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Climate Change and Market Definition of Property Rights
Tuesday, March 25, 2008 1:35 AM
[Cross-posted on the parent blog ] A fellow named Gregory responded to my post, " Can the Free Market Solve the Problems Posed by Climate Change? " with an argument which I think deserves to be discussed in some depth. Gregory wrote: If the market has not arrived at an efficient means regulating itself (compensating those damaged) then a government...
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