Episode 131: Can Incentives Save the World?
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The Importance of Market Solutions to Environmental Problems
Howie Beecher is a lecturer of economics at Towson University and author of Free Our Markets, a citizen's guide to essential economics. In his book Howie gives several examples of market solutions to environmental problems. The key thing is the incentives in private ownership. Even politicians and bureaucrats who are managing land that they don't own have an incentive to look after what they own.
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