In a new video, Roger Meiners shows why the common law may be the best remedy to resolve environmental conflicts – without bureaucratic trash to stink things up.
Focusing on externalities distracts economists from understanding how bargaining can solve problems without government intervention.
On The Tom Woods Show, Dr. P.J. Hill, co-author of The Not So Wild, Wild West, tells the true story of the old West.
The next time you fly in or out of Bozeman, Montana, remember Ronald Coase and his wisdom about markets as problem solvers.