"He's a snake in the grass, I tell ya guys; he may look dumb but that's just a disguise; he's a mastermind in the ways of espionage." Charlie Daniels, "Uneasy Rider" tragedy of commons - TT`s Lost in Tokyo

To Ron Bailey: yes, an "invisible hand" controls population, but property rights & rule of law are not universal and, as Mises noted, require effort by TokyoTom

 

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Capitalism, the destructive exploitation of the Amazon and the tragedy of the government-owned commons by TokyoTom

Searching for solutions to problems is admirable, but the effectivenss of such efforts will be limited if they are based on a faulty or incomplete understanding of the problem. Many of those who have some familiarity with the "tragedy of the commons"...

For crashing fisheries, a coalition of mainline US enviro groups calls for .... property rights! by TokyoTom

In a recent post , Andy Revkin , a New York Times reporter who blogs on energy and environmental issues at his "Dot Earth" blog, asks "When whale species, like the minke, are no longer rare, can they be both admired and eaten — as...

Somali piracy flows from the greater and continuing Western theft and abuse of Somali marine resources by TokyoTom

The January 4 Huffington Post carries a perceptive column by Johann Hari , a writer for the Independent , who explains that Somali piracy (which I have commented on here and here ) has roots in the Western theft and abuse of Somali marine resources -...

Tragedy of the ocean commons: stocks of giant Atlantic bluefin tuna look ready to crash, like the once rich cod fishery by TokyoTom

Despite an 80% drop in populations of east Atlantic and Mediterranean bluefin tuna since the mid-1970s, and continued massive overfishing above agreed quotas, the International Commission for the Conservation of Atlantic Tunas (ICCAT), under pressure...
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George Monbiot: Why do governments subsidize the rush by fishermen to destroy unowned ocean fisheries? by TokyoTom

In the context of the latest fuel strikes by European fishermen, George Monbiot has an excellent piece in the July 8th Guardian that explores the role of governments in subsidizing the destructive "tragedy of the commons" that is ocean fisheries...
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T. Boone Pickens accelerates the tragedy of the Western water commons - by connecting thirsty markets to unowned, common-pool resources by TokyoTom

The latest Business W eek magazine sports the headline, "Is Water the New Oil?" and a caricature of T. Boone Pickens . The cover story -" There Will Be Water: T. Boone Pickens thinks water is the new oil—and he's betting $100...
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Yandle on the Tragedy of the Commons and Environmental Regulation by TokyoTom

The Library of Economics and Liberty has just posted a new hour+ podcast featuring Bruce Yandle. http://www.econtalk.org/archives/2007/10/yandle_on_the_t.html " Bruce Yandle of Clemson University and George Mason University's Mercatus Center...
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Ron Bailey of Reason congratulates Al Gore by TokyoTom

[updated] A great new post by libertarian Ron Bailey of Reason here: Congratulations to Al Gore But be wary of the man's proposed solutions for global warming. Ronald Bailey | October 12, 2007 http://www.reason.com/news/show/122960.html 1. Here are...
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Boycott China and India? by TokyoTom

"Advanced democracies export their problems to emerging economies, thus shoving the whole problem neatly under the carpet. If the west really believed in being good global citizens we would (just for starters) refuse to trade with China and India...
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Using the State to solve common resource problems? by TokyoTom

 

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Libertarian denial; clever but not wise by TokyoTom

[Previously posted on a recent thread ( Malthus and Mein Kampf come to Cork - thanks, Sean Corrigan !) in response to someone who is concerned about environmental problems but is unfamiliar with Austrian approaches.] Man is clever but not wise ("homo...
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Mises on fixing externalities: progress along the Kuznets curve is not magic, but the result of institution-building by TokyoTom

 

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Cordato summarizes Austrian environmentalism by TokyoTom

Roy Cordato has cogently summarized his views and the work of his Austrian colleagues here: http://mises.org/story/1760 . Thoughts on what this framework implies for modern issues are welcome. Below are some favorite excerpts, with emphasis added: "Austrian...
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