Privatize the oceans and all other bodies of water -- Why privatize anything? -- Why privatize bodies of water? -- Aquatic ownership concepts -- The process of privatization homesteading, abandonment -- Existing law governing the seas -- Oceans: concepts of oceanological ownership -- Rivers:...

We develop a critique of government interventionism based on the Misesian calculation argument against socialism. If private property rights and relative prices based on supply and demand are necessary for successful economic coordination, then conventional market failure theories cannot be...