The Environment

The concept of "productive complements" shows us how capitalists have long sought to make as much use as they can of every part of the materials they use to make goods.

It is the boosters of aggressive government action, such as a carbon tax, who ignore the peer-reviewed research on climate change.

Even if we accept the mainstream narrative on the effects of climate change, the costs of implementing a global regulatory "mitigation" program are far higher than advocates admit.

A combination of federal sugar subsidies, federal regulations on pollution, and federal control of Lake Okeechobee (a giant lake in southern Florida) runoff guidelines has created a recipe for disaster.

When people are directly responsible for something — and rely on that thing for current and future sustenance — they will manage it better.

Hikes to minimum mileage requirements make cars less affordable while doing little to improve air quality.

Thanks to markets, living standards continue to go up globally, although many predicted that the earth was going to run out of resources decades ago. 

Recorded at Mises University 2018.

Markets, wealth accumulation, and capitalist innovation offer the best tools for dealing with whatever climate changes the world may be facing.

Rothbard's prescriptions for legal remedies against polluters are far better than the regulatory regime now favored by governments.