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Chapter 1: Introduction -- Chapter 2: Pollution and Natural Rights – Billy Christmas -- Chapter 3: Do Libertarians Have … Rights -- Chapter 5: Common Law Tort as a Transitional Regulatory Regime -- Chapter 6: Libertarianism, Pollution and the … problem of pollution. How can we reconcile the inviolability of the individual with the ubiquity of negative externalities …
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rights to impair the environment (such as tradable pollution permits.) Among other possible benefits, these property rights …
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Judged by the principle of intertemporal Pareto optimality, insecure property rights and the greenhouse effect both imply overly rapid extraction of fossil carbon resources. A gradual expansion of demand-reducing public policies -- such as increasing ad-valorem taxes on carbon consumption or...
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