Bitcoin, an innovative, decentralized digital currency, faces significant criticism over its perceived negative environmental impact. However, it is no enemy of the environment. Here’s how it can be part of the future of clean energy…
Sadly, the one-horned rhinoceros is under threat from poaching and is classified as a vulnerable species. While the medical use of rhino horn has been illegal since 1993, poaching rhinos for their horns is still an ongoing problem. Solutions are urgently needed to save Assam’s rhinos. Here is how free markets can help…
The United Nations recently announced that the world’s population is now estimated to have reached 8 billion — up from 7 billion as recently as 2011. This latest milestone has seen renewed alarmism from those who believe that the planet is already overpopulated.But is population growth really such a threat to humanity? There are many reasons to believe that, quite the opposite, population growth actually amplifies opportunities for tackling humanity’s greatest challenges.
To protect the environment, the way forward is through the promotion of markets and innovation, including the sharing economy, which can solve the problem far more effectively than state regulation.
The pursuit of profit in the free market is often cited as the main cause of environmental disasters and poor environmental quality, leading to a lot of blame placed on entrepreneurs. However, this is certainly not set in stone. Indeed, the pursuit of profit can actually protect the environment, rather than devastate it.
Given the various shortcomings associated with central planning, market-based solutions are extremely important in addressing climate change. Due to their sensitivity to geographic and technological differences across society, market-based solutions ought to be an important part of any solution.
If businesses get government subsidies to make their products cheaper, or “capture” regulation to hurt their competitors, that’s rent seeking.
I have a confession to make. I don’t recycle as many people understand the term. I try to reduce and reuse-I “recycle” shirts, towels, dishes, and the like in that I don’t discard them after one use, but several years ago I stopped recycling in the sense that I don’t put bottles, cans, and newspaper […]
Unlike the polarized conflicts that occur on federal lands, private environmentalism meets demands through win-win solutions.
Saving a species from extinction is a daunting and important task. On many occasions, legislation designed to protect endangered species can be both inefficient and ineffective. Protecting the environment has the same problems – no matter how well-intentioned environmental protection laws are, unintended consequences often make bad situations worse, exacerbating pollution and environmental waste. Can […]
Milton the rancher lives downriver from a large chemical factory. In the past month, the chemical factory has been disposing of chemical waste in the river, which has flowed downstream and poisoned Milton’s cattle. Milton is also a libertarian-minded person and prefers to keep government out of his life and out of the lives of […]