• 00:01    |    
    Initial credits
  • 00:25    |    
  • 01:26    |    
  • 02:24    |    
    Tragedy of the commons
    • Historical background
    • Incentives
    • Solutions to the tragedy of the commons
      • Managed commons
      • Government
      • Private property
    • Environmental problems
    • Absence of environmental markets
  • 11:26    |    
    Sources of free market environmentalism
    • Neoclassical Economics
    • New Institutional Economics
    • Public Choice Economics
    • Austrian Economics
  • 16:05    |    
    Examples of free market environmentalism
    • Trading water to keep fish alive
    • Saving fish through ITQ's
    • Cayman Turtle Farm
    • Aiding American birds
  • 18:39    |    
    Protecting African elephants
    • Illegal ivory trade
    • Confiscated ivory
    • Uses of ivory
    • Economic incentives of illegal trade
    • Legal hunting and trade
      • Population increase
      • Community benefits
      • Property owners
  • 32:05    |    
  • 33:07    |    
    • What can you mention about the failure of the government in public decisions?
    • U.S. public parks
    • Is ecoturism considered as a free market solution to environmental problems?
    • How can Costa Rica administer properly its protected areas?
    • Why would the government be interested in environmental protection?
    • How can free market environmentalism defend sensitive issues like pollution?
    • How will business entrepreneurs preserve the environment?
    • Why do people distrust business entrepreneurs in environmental issues?
    • Can you analyze the legal issues of environmental protection?
    • Why do pharmaceutical companies don't reinvest in biodiversity conservation?
    • How can public environmental protection harm public good?
    • Can the government take away the ownership of property?
    • Does a company have social responsibility? How can you deal with a polluting factories?
  • 01:15:42    |    
    Final words
  • 01:15:57    |    
    Final credits

What is Free Market Environmentalism?

New Media  | 02 de noviembre de 2006  | Vistas: 2071

Jane Shaw discusses the possibility for individuals to protect the environment through free markets. She briefly explains why the world is suffering of many environmental problems and details on the importance of understanding economics to diagnose and solve them. She also comments on the tragedy of the commons concept, created by Garrett Hardin in 1968 – a tragedy that according to its author can be solved through private property and managed commons. Shaw describes the sources for creating the concept of free market environmentalism that include Neoclassical and Austrian economics; she also shares the examples of free markets that are working for the environment such as the water trade to keep fish alive and the protection of African elephants – a species that has suffered the illegal ivory trade.


Jane Shaw is a Senior Fellow of PERC, Property and Environment…


Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín