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Volume 1  Number 3  •  Winter 1997
Other Issues:  

Market-Based Environmentalism and the Free Market: They’re Not the Same
By Roy E. Cordato
This article appeared in the Winter 1997 issue of The Independent Review

Excise taxes and tradable permits are the two most highly touted instruments in environmental policy. These market-based approaches, advocated by professional economists and think-tank policy analysts on both the Left and the Right, are often meant to thwart the outcomes of true free-market activity.