"Saving the Wilderness” explained how the managers of the Rainey Preserve used market relationships to enhance private land management and how they and similar managers could, if allowed, improve the management of government land, too.
More Books by PERC Authors and Editors:
Orange County RegisterOctober 12, 1999Fear Bigger Governments,Not Bigger Populations By Richard L. Stroup and Matthew Brown
vBozeman Daily ChronicleAugust 4, 1999 By Richard Stroup
The Washington TimesApril 2, 1996 By Richard Stroup
Executive Summary Podcast WAV 548 KBPodcast DVF 34 KB By Richard L. Stroup and Matthew Brown
Richard Stroup, Jane Shaw
Conventional economic wisdom, in a theory first propounded by Nobel laureate Paul Samuelson, holds that the unregulated market cannot be expected to protect the environment. In this theory, clean air and water are "public goods" whose value is not well reflected by market processes.