In response to market incentives, private developers are protecting shorelines where traditional bureaucratic management has led to erosion and pollution. As consumer affluence and environmental knowledge increase, this trend will accelerate, especially where property owners have similar tastes and a strong system of protective covenants.
Entrepreneurship and Coastal Resource Management
By James R. Rinehart, Jeffrey J. Pompe
This
article
appeared in
the Spring 1997 issue of The Independent Review.
Business and EntrepreneurshipEconomic History and DevelopmentEconomyEnergy and the EnvironmentEnvironmental Law and RegulationLaw and LibertyNatural ResourcesProperty Rights, Land Use, and ZoningPublic Choice
Other Independent Review articles by James R. Rinehart | |
Fall 2008 | Property Insurance for Coastal Residents:Governments Ill Wind |
Other Independent Review articles by Jeffrey J. Pompe | |
Spring 2011 | The Cultural and Political Economy of Recovery:Social Learning in a Post-Disaster Environment |
Fall 2008 | Property Insurance for Coastal Residents:Governments Ill Wind |