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TANSTAAFL: A Libertarian Perspective on Environmental Policy
Publication
Author: Edwin G. Dolan
Online Publish Date:
Category: The Environment
In its most basic application, the TANSTAAFL principle is a simple statement of reality: everything of value has a cost. The TANSTAAFL principle can also be interpreted as a mandate for a policy of full-cost pricing. In a world where resources are scarce, everything has a cost. Scarce resources are used most efficiently when the price paid by the
Austrian Environmental Economics Redux: A Reply to Art Carden and Walter Block
Quarterly Journal of Austrian Economics
Author: Edwin G. Dolan
Online Publish Date:
Category: The Environment
Volume 18, Number 1 (Spring 2015) ABSTRACT : In March 2014, I presented a paper on Austrian Environmental Economics in Auburn, Alabama, as the F.A. Hayek Memorial Lecture at the Austrian Economics Research Conference, sponsored by the Ludwig von Mises Institute, which was subsequently published in the Quarterly Journal of Austrian Economics (Dolan
The Austrian Paradigm in Environmental Economics: Theory and Practice
Quarterly Journal of Austrian Economics
Author: Edwin G. Dolan
Online Publish Date:
Category: The Environment, Legal System
Volume 17, No. 2 (Summer 2014) It has been 40 years now since South Royalton conference on Austrian Economics. Already by the 25 th anniversary, one participant had declared that conference to be the moment of rebirth for the school. (Vaughn, 2000) The number and youth of the participants at this 40 th anniversary gathering confirms that Austrian