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Contrary to popular belief, economic growth is not the antithesis of environmental quality; rather, the two go hand in hand if the incentives are right. The author shows how, by developing and protecting the institutions of freedom rather than regulating human use of natural resources through political processes, we can have our environmental cake and eat it too.
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Contrary to popular belief, economic growth is not the antithesis of environmental quality; rather, the two go hand in hand if the incentives are right. The author shows how, by developing and protecting the institutions of freedom rather than regulating human use of natural resources through political processes, we can have our environmental cake and eat it too.