This short article emphasizes the importance of an institutional framework for environmental mass torts, without which a strict application of libertarian ethics leads to corner solutions in which there is a coordination failure.
Kingsman: The Secret Service is a big-budget semi-satirical take on the spy genre, featuring the film clichés audiences now associate with the James Bond and Jason Bourne franchises.
In California, the price of water is set by politicians, and not by markets, so that cheap water benefits some interest groups over others. It should now surprise no one that the state is in the midst of a water crisis.
The Supreme Court case of Michigan v. EPA illustrates how the law provides so many tools to federal agencies that their power is more or less unlimited. It's only a matter of finding which laws will stick, and the result is lawlessness.
Our friend Robert Bradley recently took a look back 25 years ago when the New York Times still had some scientific backbone.
Featuring Thomas DiLorenzo, Doug French, Bob Higgs, Yuri Maltsev and Bob Murphy at the Mises Circle in Indianapolis: “Agricultural Subsidies:
Many people are willing to donate much money to clean up government-owned lakes and streams and to spend many hours fundraising and complaining about pollution. But suggest to those people they should just pay market prices for access to those same bodies of water, they become indignant.
The Fed and it’s friends blamed cold weather for much of the year’s lackluster economic growth.
An expert in environmental economics, Dolan attempts to assess the Austrian contribution to this field. He finds it wanting. I must make the same assessment of Dolan. His misunderstanding of Austrian economics is only matched by his mischaracterization of free market environmentalism.
