Free Market Environmentalism

From Book News, Inc.
A sufficiently critical (of government) but perhaps insufficiently self-critical (i.e. of capitalism) application of capitalist economics to environmental problems. Property rights solutions that encourage market processes are proposed for public land management, outdoor recreation, water quantity and quality, and ocean fisheries. The final chapter tackles the "tougher problems" of global warming and acid rain. Annotation copyright Book News, Inc. Portland, Or.


Book Description
The original edition of this seminal book, published in 1991, introduced the concept of using markets and property rights to protect and improve environmental quality. Since publication, the ideas in this book have been adopted not only by conservative circles but by a wide range of environmental groups. To mention a few examples, Defenders of Wildlife applies the tenets of free market environmentalism to its wolf compensation program; World Wildlife Federation has successfully launched the CAMPFIRE program in southern Africa to reward native villagers who conserve elephants; and the Oregon Water Trust uses water markets to purchase or lease water for salmon and steelhead habitats. This revised edition updates the successful applications of free market environmentalism and adds two new chapters.



About the Author
Terry L. Anderson is Executive Director of the Political Economy Research Center (PERC), in Bozeman, Montana and Senior Fellow at the Hoover Institution at Stanford University.

Donald R. Leal is a Senior Associate at PERC, editor or author of three books, and contributing author to six books that cover various aspects of environmental policy.



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Economists Anderson and Leal revise their 1991 treatise to address some critiques of using markets and property rights to protect and improve environmental quality. They discuss such aspects as rethinking the way we think, bureaucracy versus environment, homesteading the oceans, marketing garbage, from barbed wire to red tape, and purity versus pragmatism. Annotation c. Book News, Inc., Portland, OR (booknews.com)


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