Originally appeared in Defining Ideas: A Hoover Institute Journal on February 9, 2011
Terry Anderson, Dominic Parker
Until American Indians living on Reservations have secure property rights and a stable rule of law, they will remain isloated on islands of poverty in a sea of prosperity.
To protect the bison in Yellowstoe from slaughter when they leave the park seeking winter forage, some private environmental group with an entrepreneurial plan should reward landovers who providing grazing room.
A new drilling technology is opening up vast fields of previously out-of-reach oil in the western United States. This new drilling is expected to raise U.S. production by at least 20 percent over the next five years. And within 10 years, it could help reduce oil imports by more than half.
Government subsidies, overregulation and the consolidation has significantly altered the meat industry, makingit less competitive, loaded wiht paperwork, difficult for small ranchers to survive.
PERC Senior Fellow Bruce Yandle orginated the theory of Bootleggers and Baptists in the early 1980s. In essence, two different groups suppor the same, regulations, but benefit from different effects of the regulation. Has anything changed?