Volume 10, No. 1 (Spring 2007)
Re-Thinking Green: Alternatives to Environmental Bureaucracy is an excellent book of easy-reading essays dealing with environmental policy from the perspective of “free-market environmentalism” which combines ideas of public choice theory and Austrian economics. Authors, including Roy Cordato and Bruce Yandle, critically review the past 30 years of environmental regulation with the focus on its tools as well as its doubtful results. Not surprisingly, most of those evaluations do not end up very complimentary to current environmental policy. The economic arguments and empirical observations presented in the book remove the readers’ “rose-colored glasses” regarding government action and force them to think about alternative solutions.
