The Endangered Species Act is expensive and ineffective in its reactive approach to conservation. Laura Huggins explores an alternative system of incentives for environmental stewardship prior to regulatory listing.
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.
Jonathan Adler Editor Also read Tracy Mehan's review in the Environmental Forum