In the Wall Street Journal, Gary Libecap and Robert Glennon discuss the West's outdated water laws. A policy overhaul, they argue, would allow efficient water markets and reward conservation.
It is time to move beyond the Nixon approach to the environment. The past 40 years have shown how good political intentions — or, at least, political maneuvering — in the name of environmental protection can create perverse economic incentives to do the opposite.
Some of our most beautiful and amazing species of fish are at risk for extinction. Here’s how we can save them.
In June of 2012, the world mourned the loss of the giant tortoise, Lonesome George. The 100-year-old tortoise lived in the Galapagos and was believed to be the last of his sub-species. George served as an ambassador for endangered species—especially in Ecuador where many groups are working to...
Originally appeared in Defining Ideas: A Hoover Institute Journal on February 9, 2011
Property rights and markets as solutions to resource and environmental problems.
Terry Anderson, Gary Libecap
Where water markets are being allowed to work, prices reflect scarcity and trades provide incentives to conserve.
Property rights and the public trust doctrine in environmental protection and natural resource conservationGary Libecap
By Jedidiah Brewer and Gary D. Libecap
Terry Anderson, Laura Huggins
By Terry L. Anderson and Laura E. Huggins Special to the Hoover Digest
Laura Huggins, Terry Anderson
Federal Reserve Bank of Dallas October 23, 2003"You can't have a free society without private property." - Milton FriedmanBy Terry L. Anderson and Laura E. Huggins