The adoption of catch share fisheries system was adopted in a poor nation with a in Namibia's, an underdeveloped country in need of nutrition and commerce, shows that market-based reform is not a Western notion that conflicts with traditional values.
Terry Anderson, Laura Huggins
In the past, the economy of the western United States depended on converting natural resources into lumber, metals, and hydroelectricity. More recently, the relationship to natural resources has moved from extraction toward protection. But this shift has led to acrimony and gridlock.
Author Seth Norton shows that the impacts of rapid population growth are not as severe as most people believe. Even more important, he shows how changes in a country's legal system and economic framework can overcome the problems caused by population growth.
This paper, "Population Growth, Economic Freedom, and the Rule of Law," is the third PERC Policy Series essay honoring the late Julian Simon, a path-breaking economist who revised traditional thinking on issues from population growth to natural resources.