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When people are directly responsible for something — and rely on that thing for current and future sustenance — they will manage it better.
Bureaucracy and RegulationThe Environment
Hikes to minimum mileage requirements make cars less affordable while doing little to improve air quality.
Thanks to markets, living standards continue to go up globally, although many predicted that the earth was going to run out of resources decades ago.
The EnvironmentGlobal Economy
Markets, wealth accumulation, and capitalist innovation offer the best tools for dealing with whatever climate changes the world may be facing.
The EnvironmentPrivate Property
Rothbard's prescriptions for legal remedies against polluters are far better than the regulatory regime now favored by governments.
Unfortunately, it's not actually possible to determine the costs of our current choices 200 years in the future.
The EnvironmentFinancial Markets