Market-based environmentalism can be a smoke screen for statists and radical environmentalists who simply want to force their preferences on an unsuspecting public, as Roy Cordato argues. However, it can also represent an intelligent effort by people who understand and believe in markets to facilitate the development of private-property rights so that markets can operate.

Other Independent Review articles by Peter J. Hill
    Summer 2017   Judeo-Christian Thought, Classical Liberals, and Modern Egalitarianism
    Spring 2014   Are All Commons Tragedies?
    Winter 2014   Stories Economists Tell
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