In 1872, decades before there was a National Park Service, entrepreneur Jay Cooke saw the opportunity to set Yellowstone aside as a tourist attraction. Terry Anderson tells Cooke’s story, shares the history of the parks, and offers solutions to the National Park Service’s $12 billion deferred maintenance backlog.
Jay Cooke, Yellowstone & Profits
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Terry Anderson
Terry L. Anderson is the former president and executive director of PERC, and the John and Jean De Nault Senior Fellow at the Hoover Institution, Stanford University.
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The Great Sea Otter Comeback
How cooperation can restore ecosystems
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State Trust Land Revenue Diversification Through Conservation
Examining practical considerations for integrating conservation uses into existing trust land management frameworks.
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PERC Reports, Winter 2025/26
This special issue contemplates big ideas for the next era of conservation.