Property rights are essential for market exchange. The definition of those rights, their enforcement, and their transferability all help determine the extent of trade and the rate of economic development and wealth creation.
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An innovative new solution to a growing global problem. How one man's answer to over fishing is going vertical.
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Swiss company donates water purification systems in Kenya earns carbon credits in return, and makes a profit.
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If you sue a federal agency and win, the US government will cover your attorney's fees and other litigation expenses.
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This special issue is dedicated to PERC’s Lone Mountain Fellows who are as impressive as Lone Mountain (featured on the cover), which towers over PERC at 11,166 feet.
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A Solution in Search of a problem Thanks to Spencer Banzhaf for his article, “The Case for Cap-and-Trade” as a market application to fossil fuel use. Certainly, once a cap-and-trade system is operating, prices would be set by market trading, responding either to pricing (or taxing) emissions; or setting a quota on allowable emissions. TheContinue reading "Comments on PERC Reports Summer 2011"
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"Green energy" generation is being curtailed, delayed, or prohibited due to competing environmental goals. For example wind turbines are killing endangered bats.
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To keep the water running in LasVegas, recognize scarcity and let water rates rise-- double or even triple. Encourage homeowners to trade water rights. Let the market determine how much water people use, not the water police.
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