The Hotelling Principle defines socially-optimal conservation of an exhaustible resource i a mathematically-defined, equilibrium environment in which no human action can occur.
Let us begin our analysis by making the distinction between free markets in their pure, laissez faire or capitalist dimension, on the one hand, and market socialism on the other.
The early conservation movement in the United States was initiated by Theodore Roosevelt in 1908 when he called together a conference of state gove
The following essay attempts to touch on one aspect of modern environmentalism and to examine it against the backdrop of the values associated with
An Interview With Randall G. Holcombe
In Guns, Germs, and Steel (1997) and Collapse (2005), Professor Jared Diamond argues that geography and environment are the “ulti
Recorded at the Mises Institute in Auburn, Alabama, on 23 July 2014.
Summary By Luis Rivera III: Many people are under the false impression that the oil spill that occurred in April of 2010 was due to a lack of regul
