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Title edit
iGreen Home Page
Description edit
Political decision-making favours short-term solutions and the interests of well-organised groups. The poor, and those who care about the future do better to trust the market.
Collective ownership is usually wasteful - the tragedy of the commons. Conservationists should avoid creating new commons and where possible turn natural ones such as fisheries and forests over to private ownership.
Rights to compensation for pollution should be freely marketed. Under relatively simple institutional constraints the person who comes to own the rights will be the one who can reduce pollution most cheaply.
Languages edit
English
