Michael `t Sas-Rolfes
Southern white rhinos have been saved from extinction by private owners who used property rights and market incentives to restore the South African population of 20 in 1900 to more than 20,000 today.
The forests of North America represent enormous natural bounty. Yet, in the United States at least, the benefits of this wealth of nature are not being fully realized. Taxpayers lose money on their public forests, and the forests face severe ecological threats.
Although the forests of British Columbia, Canada, are 96 percent government-owned, the management of the forests is far more market-driven than in the U.S. Forest Service, according to a new report by PERC, the Property and Environment Research Center.