Quarterly Journal of Austrian Economics

Volume 5, No. 2 (Summer 2002)

A rational response to the possibility of large-scale environmental change is to establish the economic freedom of individuals to deal with it,  if and when it comes. Capitalism and the free market are the essential means of doing this, not paralyzing government controls and “environmentalism.” Both in the establishment of economic freedom and in every other major aspect of the response to environmentalism, the philosophy of Ludwig von Mises and Carl Menger must lead the way.