Forbes.com published this article yesterday. It’s based on my paper “Economic Calculation in the Environmentalist Commonwealth.”
Here’s the gist: private property and prices are necessary for rational economic calculation; therefore, without private property we cannot know what responsible environmental stewardship even means. Bringing more resources into the cash nexus–by privatizing garbage collection and recycling, and by eliminating building restrictions in large cities–can reduce the amount of environmental damage that gets done.
