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Can the Free Market Solve the Problems Posed by Climate Change?
Thu, Mar 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... Read More...

by Donny with an A | 103 comment(s)

Filed under: Justice, Property Rights, Climate Change, Appropriation and Environmentalism, Economics

Asymmetry Between Positive and Negative Externalities
Tue, Mar 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... Read More...

by Donny with an A | 12 comment(s)

Filed under: Justice, Property Rights, Economics