Analyzing nature and economies as static systems distracts our attention from the dynamic forces in both.
Cliven Bundy's battle was born out of a broken system that encourages conflict, not negotiation.
When environmental groups buy ranchers' permits, there's no need for the feds to start rustling up trouble.
Terry Anderson, Reed Watson
Montana's Stream Access Law has led to an erosion of property rights and reduced public benefits flowing from private lands. Isn’t it time to say enough is enough?
The next time you fly in or out of Bozeman, Montana, remember Ronald Coase and his wisdom about markets as problem solvers.
The death this week of Ronald Coase, one of the world's most-cited economists, comes at a time when there is lively debate about the very issue he raised: why neither markets nor government are panaceas.
Private ownership is the key to good resource stewardship. As Terry Anderson explains, stream access laws undermine property rights and reduce landowners' incentives to provide habitat for fish and wildlife.
Today the Supreme Court will hear oral argument in a potentially important takings case, Koontz v. St. Johns River Water Management District.