![]() Conservationists are increasingly using markets, contracts, and property rights to turn environmental resources into assets instead of liabilities. ![]() Today, the ideas of free market environmentalism are being applied in a variety of creative ways. And the idea that property rights could be harnessed to improve environmental quality was counter to the popular notion that conserving natural landscapes required regulation and management by government agencies.īut not anymore. ![]() The dominant belief at the time was that markets are the cause of environmental degradation, not the solution. “Free market environmentalism is an oxymoron,” wrote one reviewer, “and the authors are the moron part.” When Terry Anderson and Donald Leal published the first edition of their book Free Market Environmentalism in 1991, the idea was met with mixed reviews.
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