Liberty, Property, and the Environment


While the case for reliance on property rights and market institutions is strong with regard to natural resources, there is some question as to whether they are equally capable of addressing pollution concerns. This conference discussed if reliance on property rights and market institutions are not equally capable, must other approaches be considered, and if so, of what sort?


Conference Readings

Henderson, David R., eds. The Concise Encyclopedia of Economics. Indianapolis: Liberty Fund, Inc., 2008. (accessed ).

Whalen v. Union Bag & Paper Co., xxx x (New York Court of Appeals 1913).

Boomer et al. v. Atlantic Cement Company, Inc., xxx x (New York Court of Appeals 1970).

Anderson, Terry L. and Donald R. Leal. Free Market Environmentalism, Revised Edition. New York: Palgrave, 2001.

Brubaker, Elizabeth, “The Common Law and the Environment: The Canadian Experience” In Who Owns the Environment?, edited by Peter J. Hill and Roger E. Meiners, 87-118. New York: Rowman and Littlefield, 1998.

Coase, Ronald. "The Problem of Social Cost." Journal of Law and Economics 3 (October 1960): 1-44.

Friedman, Jeffrey. “Politics or Scholarship?” Critical Review 6, no. 2 (March 1, 1992): 429-445.

Posner, Eric A. and Cass R. Sunstein. “Global Warming and Social Justice.” Regulation (Spring 2008): 14-20.

Rothbard, Murray N. “Law, Property Rights, and Air Pollution.” Cato Journal 3, no. 1 (Spring 1982): 55-99.

Sagoff, Mark. “Free-Market Versus Libertarian Environmentalism.” Critical Review 6, no. 2-3 (Spring-Summer 1992): 211-230.

Shahar, Dan C. “Justice and Climate Change: Toward a Libertarian Analysis.” The Independent Review 14, no. 2 (2009): 219-237.

Yandle, Bruce and Andrew P. Morriss. “The Technologies of Property Rights: Choice Among Alternative Solutions to Tragedies of the Commons.” Ecology Law Quarterly 28, no. 123 (2001): 123-168.