In the ongoing debate over what to do about the environment, there seem to be two prominent views. One, that the government should intervene and steer the country toward a green future. The other, to do nothing.
Both are wrong, however, as both deny that the free market is capable of tackling climate change or other environmental concerns. Without a doubt, however, the free market can solve this crucial problem much more efficiently than the government can. Liberating the market from unfair subsidies, reforming tort laws, and allowing property rights to save our species and our lands are just some of the several ways this can happen.
Opponents of our current economic system claim it is a free market. There’s nothing free, however, about the chains of burdensome regulations and subsidies. Much of the environmental degradation we witness can be traced back to the billions of dollars of government kickbacks given to both the fossil fuel industry and farmers, a