Acton Institute Powerblog Archives

Post Tagged 'tragedy of the commons'

Lessons from India’s ‘private city’

  Given the acceleration of urbanization around the world, many are wondering how local governments and city planners will keep up with the pace. While advocates of free markets routinely argue for fewer top-down restrictions and more privatization of local services, others argue for increased controls and more advanced central planning. Continue Reading...

The Beauty of Oyster Farming

The oyster population in the Chesapeake Bay has severely dwindled, amounting to less than 1% of historic levels, according to the NOAA. In turn, from a consumer’s perspective, Virginia oysters have been increasingly replaced by other varieties from around the globe. Continue Reading...

Water is not a human right

It sounds draconian and contrary to the beliefs of many humanitarian organizations, including the United Nations which declared water as a basic human right in 2010. However, if we expect to take the correct steps forward to solve the global water crisis, then water must be treated as a commodity not a basic human right. Continue Reading...

The Economics Nobel

My response to the awarding of the Nobel Prize in Economics to Elinor Ostrom and Oliver Williamson was published on National Review Online: Unlike a certain other Nobel Prize, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel actually requires evidence of substantial achievement. Continue Reading...