The Impossible

James Carville: What is your favorite government regulation if you had to take it on a desert island? He says he's in favor of environmental regulations because they address tragedy of the commons problems. The air we breathe and the water we drink always come up, but how do you fix it so they don't? Carville: I'm going to throw out something that will likely surprise a lot of people. It's not clear where markets don't exactly answer questions.