Terry L. Anderson – författare

Although there is in the United States a clear national consensus supporting the protection of the environment, advocates often profoundly disagree about the policies best designed to achieve this end. The traditional answer has been that government must intervene, through legislation and regulation of behavior, to preserve environmental values. This book takes a different approach, examining the prospects (and pitfalls) for improving natural resource allocation and environmental quality through market processes. The authors demonstrate that governmental policies often exacerbate environmental problems because of inadequate incentives and information. A property rights approach that focuses on the costs of operating markets as well as governments lays the framework for thinking about problems ranging from the American Frontier to global warming. Property rights solutions that encourage market processes are proposed for public land management, outdoor recreation, water quantity and quality, and ocean fisheries. The final chapter tackles the "tougher problems" of global warming and acid rain. Free Market Environmentalism applies the economic way of thinking to environmental problems of growing importance. It will be appropriate for environmental economic courses, but an economics background is not a prerequisite for understanding this nontechnical, innovative approach to natural resource management.

Although there is in the United States a clear national consensus supporting the protection of the environment, advocates often profoundly disagree about the policies best designed to achieve this end. The traditional answer has been that government must intervene, through legislation and regulation of behavior, to preserve environmental values. This book takes a different approach, examining the prospects (and pitfalls) for improving natural resource allocation and environmental quality through market processes. The authors demonstrate that governmental policies often exacerbate environmental problems because of inadequate incentives and information. A property rights approach that focuses on the costs of operating markets as well as governments lays the framework for thinking about problems ranging from the American Frontier to global warming. Property rights solutions that encourage market processes are proposed for public land management, outdoor recreation, water quantity and quality, and ocean fisheries. The final chapter tackles the “tougher problems” of global warming and acid rain. Free Market Environmentalism applies the economic way of thinking to environmental problems of growing importance. It will be appropriate for environmental economic courses, but an economics background is not a prerequisite for understanding this nontechnical, innovative approach to natural resource management.

Although there is in the United States a clear national consensus supporting the protection of the environment, advocates often profoundly disagree about the policies best designed to achieve this end. The traditional answer has been that government must intervene, through legislation and regulation of behavior, to preserve environmental values. Th

Free Market Environmentalism applies the economic way of thinking to environmental problems of growing importance. It examines the prospects (and pitfalls) for improving natural resource allocation and environmental quality through market processes. .

Environmental Markets explains the prospects of using markets to improve environmental quality and resource conservation. No other book focuses on a property rights approach using environmental markets to solve environmental problems. This book compares standard approaches to these problems using governmental management, regulation, taxation, and subsidization with a market-based property rights approach. This approach is applied to land, water, wildlife, fisheries, and air and is compared to governmental solutions. The book concludes by discussing tougher environmental problems such as ocean fisheries and the global atmosphere, emphasizing that neither governmental nor market solutions are a panacea.

The institution of property is as old as mankind, and property rights are today deemed vital to a prosperous economic system. Much has been written in the last decade on the economics of the legal institutions protecting such rights. This unprecedented book provides a magnificent introduction to the subject. Terry Anderson and Fred McChesney have gathered twelve leading thinkers to explore how property rights arise, and how they bolster economic development. As the subtitle indicates, the book examines as well how controversies over valuable property rights are resolved: by agreement, by violence, or by law. The essays begin by surveying the approaches to property taken by early political economists and move to colorful applications of property rights theory concerning the Wild West, the Amazon, endangered species, and the broadcast spectrum. These examples illustrate the process of defining and defending property rights, and demonstrate what difference property rights make.The book then considers a number of topics raised by private property rights, analytically complex topics concerning pollution externalities, government taking of property, and land use management policies such as zoning. Overall, the book is intended as an introduction to the economics and law of property rights. It is divided into six parts, with each featuring an introduction by the editors that integrates prior chapters and material in coming chapters. In the end, the book provides a fresh, comprehensive overview of an intriguing subject, accessible to anyone with a minimal background in economics. With chapters written by noted experts on the subject, Property Rights offers the first primer on the subject ever produced. In addition to the editors, the contributors are Louise De Alessi, Yoram Barzel, Harold Demsetz, Thrainn Eggertsson, Richard A. Epstein, William A. Fischel, David D. Haddock, Peter J. Hill, Gary D. Libecap, Dean Lueck, Edwin G. West, and Bruce Yandle.

The Politics and Economics of Park Management examines national protected area systems, in both developed and developing countries, that have made a transformation from "fortress parks" to a sustainable use model. The contributors—park management, academics, and members of nongovenmental organizations—contend that successful institutional change in protected area systems involves not only the adoption of appropriate legal and regulatory regimes covering sustainable use, but also the development of an informal culture of sustainable resource use among all of a park's stakeholders. While this latter requirement is often difficult to achieve, the contributors show how these informal attitudes may evolve over time, both within the management structure of a park agency and the community of resource users. The case studies cited represent examples of successful institutional change, demonstrating both financial and conservation benefits to protected area agencies, that should serve as model for managing parks today.

The Technology of Property Rights combines the understanding of institutions and institutional change with a discussion of the latest technologies and their influence on the measurement and monitoring of property rights. The contributors analyze specific applications for fisheries, whales, water quality, various pollutants, as well as other pressing environmental issues. No other work brings together an economic understanding of environmental issues with technological expertise in the way this volume does.

Mention of the American West usually evokes images of rough and tumble cowboys, ranchers, and outlaws. In contrast, The Not So Wild, Wild West casts America's frontier history in a new framework that emphasizes the creation of institutions, both formal and informal, that facilitated cooperation rather than conflict. Rather than describing the frontier as a place where heroes met villains, this book argues that everyday people helped carve out legal institutions that tamed the West.The authors emphasize that ownership of resources evolves as those resources become more valuable or as establishing property rights becomes less costly. Rules evolving at the local level will be more effective because local people have a greater stake in the outcome. This theory is brought to life in the colorful history of Indians, fur trappers, buffalo hunters, cattle drovers, homesteaders, and miners. The book concludes with a chapter that takes lessons from the American frontier and applies them to our modern "frontiers"—the environment, developing countries, and space exploration.

This book compares and contrasts historical and contemporary Canadian and U.S. Native American policy. The contributors include economists, political scientists, and lawyers, who, despite analyzing a number of different groups in several eras, consistently take a political economy approach to the issues. Using this framework, the authors examine the evolution of property rights, from wildlife in pre-Columbian times and the potential for using property rights to resolve contemporary fish and wildlife issues, to the importance of customs and culture to resource use decisions; the competition from states for Native American casino revenues; and the impact of sovereignty on economic development. In each case, the chapters present new data and new ways of thinking about old evidence. In addition to providing a framework for analysis and new data, this book suggests how Native American and First Nation policy might be reformed toward the end of sustainable economic development, cultural integrity, and self-determination. For these reasons, the book should be of interest to scholars, policy analysts, and students of Native American law, economics, and resource use, as well as those interested in the history of Native Americans and Canada's First Nations.

In the face of growing pressure on our natural landscapes and increasingly bitter conflict over their management and use, simply defending the status quo is not enough. Finding a balance between producing commodities, such as lumber, and maintaining amenities, such as open space, is crucial if we hope to promote environmental stewardship and healthy economies. Accounting for Mother Nature brings together experts with wide-ranging experience to provide a comprehensive examination of the critical debate around the management of scarce natural resources.The contributors to this volume consider how unconstrained use of nature's bounty had lead not only to damage and waste, but also to divisive conflict. With a focus particularly on the American West, this volume examines the often-negative outcomes of government's management of land and natural resources. In turn, the contributors explore the role that private individuals and organizations can play in protecting natural and agrarian landscapes. Through its detailed analyses, Accounting for Mother Nature makes the case for innovation within the private nonprofit sector and marks out new frontiers for research.

Since the writings of Adam Smith, economists have understood the important role that private property rights play in a well functioning economic system. Without well-defined, enforced, and transferable property rights, the tragedy of the commons is said to result as in the classic case of over-fishing and over-grazing. This book challenges this narrow view of property rights by examining the role of informal constraints imposed by customs and culture. Recognizing that a great deal of human interaction takes place in the absence of individually specified rights, the authors challenge the notion that tragedy is inevitable within the commons.

In the American West, trappers, miners, and farmers often preceded the formal institutions of government and therefore had to invent their own institutional framework. Early historians like Frederick Jackson Turner and Walter Prescott Webb found heroes in this romantic frontier. Modern historians, however, are challenging the traditional histories, arguing that the history of the West is one of natural resource waste, minority exploitation, and political manipulation by a powerful elite. This book challenges many conclusions from both schools in a framework that considers Western history as an episode in the evolution of property rights. The authors in this volume provide a new way of thinking about the West that relies neither on heroes nor villains but argues that economics and politics shaped the institutional environment of the American West.

This collection of new and classic essays by a group of distinguished economists and wildlife experts challenges the prevailing idea that wildlife and markets are inimical to one another, arguing that markets can play an important role in preserving animal species and their habitat. In fact, the editors argue, the late nineteenth-century slaughter of wild game occurred because common ownership gave no incentive for hunters to limit their take or for owners of habitat to invest in wildlife. Using case studies from North America and southern Africa, the essays discuss how 'enviro-capitalism' has been successfully implemented to encourage elephant and rhino preservation and look at the politics of the international ivory ban. They examine the historical role of incentive wildlife management and the problems with political wildlife management that do not take into account the ownership of habitat.

Unified by their desire to produce innovative solutions to the problem of allocating fresh water, the prominent contributors to Water Marketing argue that government regulations inadvertently encourage the waste of our most vital resource by preventing the evolution of property rights to water marketing. In addition to considering how institutional impediments to water markets might be removed, this collection of original essays emphasizes how transborder allocation of water should be improved. With its mix of U.S. and international case studies, this volume offers insightful public policy alternatives to water marketing that will stimulate a rethinking of traditional policies.

Environmental Markets explains the prospects of using markets to improve environmental quality and resource conservation. No other book focuses on a property rights approach using environmental markets to solve environmental problems. This book compares standard approaches to these problems using governmental management, regulation, taxation, and subsidization with a market-based property rights approach. This approach is applied to land, water, wildlife, fisheries, and air and is compared to governmental solutions. The book concludes by discussing tougher environmental problems such as ocean fisheries and the global atmosphere, emphasizing that neither governmental nor market solutions are a panacea.

This book provides a vision for environmentalism's future, based on the success of environmental entrepreneurs around the world. The work provides the next generation of environmental market ideas and the chapters are co-authored with young scholars and policy analysts who represent the next generation of environmental leaders.

Most American Indian reservations are islands of poverty in a sea of wealth, but they do not have to remain that way. To extract themselves from poverty, Native Americans will have to build on their rich cultural history including familiarity with markets and integrate themselves into modern economies by creating institutions that reward productivity and entrepreneurship and that establish tribal governments that are capable of providing a stable rule of law. The chapters in this volume document the involvement of indigenous people in market economies long before European contact, provide evidence on how the wealth of Indian Nations has been held hostage to bureaucratic red tape, and explains how their wealth can be unlocked through self-determination and sovereignty.

Tapping Water Markets is about the past, present, and future of water markets. It compares water markets with political water allocation, documents the growth of water markets, and explores the ways in which water markets can be improved and implemented further. This book provides up-to-date information of where and why water shortages are occurring and where and why water markets are evolving to resolve conflicting water uses. Though the main focus is on the United States, it includes examples from other parts of the world to show how water markets are beginning to thrive. It contains institutional detail that is accessible to people who are not economic or hydrologic experts, and comes alive with numerous examples and case studies of water markets. The book begins with an analysis of water institutions as they have varied over time and location. It then covers a range of discrete water management topics including surface water allocation, groundwater management, environmental flows, and water quality trading. The book concludes with predictions about the future of water scarcity and the ability of water markets to shape that future more positively.

Tapping Water Markets is about the past, present, and future of water markets. It compares water markets with political water allocation, documents the growth of water markets, and explores the ways in which water markets can be improved and implemented further. This book provides up-to-date information of where and why water shortages are occurring and where and why water markets are evolving to resolve conflicting water uses. Though the main focus is on the United States, it includes examples from other parts of the world to show how water markets are beginning to thrive. It contains institutional detail that is accessible to people who are not economic or hydrologic experts, and comes alive with numerous examples and case studies of water markets. The book begins with an analysis of water institutions as they have varied over time and location. It then covers a range of discrete water management topics including surface water allocation, groundwater management, environmental flows, and water quality trading. The book concludes with predictions about the future of water scarcity and the ability of water markets to shape that future more positively.