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The Commons: Tragedy or Triumph?
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Bruce Yandle | Thursday, April 1, 1999In the summer I watch ruby-throated hummingbirds fly and hover near a feeder that my wife, Dot, carefully fills with nectar and hangs in view of our kitchen window. The store-bought nectar is colored red, since people think that hummingbirds find that color attractive. Business around the feeder picks up following rains that wash away […] -
Tragedy of the Healthcare Commons
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D.W. MacKenzie | Monday, February 10, 2014The ACA (Obamacare) creates more open-access commons in healthcare, which will result in overconsumption and push the United States more quickly to insolvency.
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Regulating Biodiversity: Tragedy in the Political Commons
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David N. Laband | Saturday, September 1, 2001David Laband teaches natural resources economics and policy at the Forest Policy Center in the School of Forestry and Wildlife Sciences at Auburn University. Last summer, lightning struck and killed an enormous pine tree on one side of my backyard. At about the same time, voracious pine bark beetles girdled and killed an equally impressive […] -
Tragedy in the Judicial Commons
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David N. Laband | Thursday, August 1, 2002If you think that people who have been exposed to asbestos have the right to sue asbestos manufacturers for damages . . . or that individuals exposed to mercury or lead should be able to sue . . . or that everyone who has been X-rayed by doctors or dentists should be able to sue […] -
The Bison Commons Was Not a Tragedy After All
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Peter Hill | Sunday, September 4, 2016How the historic slaughter of the bison occurred has been well documented. The question of why, however, has received less attention.
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Moana’s Tragedy of the Commons
fee.org > articles > does-moana-offer-economic-lessons
Jeffrey A. Tucker | Saturday, December 17, 2016The beautiful myth that forms the plot of “Moana” was a substitute for modern economic thinking. The tribe experienced a tragedy of the commons. They needed capitalism. But the transition from common ownership to private ownership would also mean a dramatic cultural change, and there was no time for that: they needed food now.
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The Tragedy of the Commons
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Charles R. Batten | Thursday, October 1, 1970To avoid the waste of resources “owned in common,” they need to be brought under private ownership and control. -
Tragedy of the Commons at a Kiddie Slide
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Michael Morris | Saturday, July 7, 2018The behavior of children offers the quiet observer a type of “through the looking glass” opportunity to comprehend what Ludwig Von Mises called praxeology, or how conscious human action affects economic choice.
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Ireland’s Water Consumption Just Became a Tragedy of the Commons
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Bill Wirtz | Thursday, April 27, 2017On the 13th of April, the Dáil (the Irish parliament) decided to get rid of the 2014-introduced domestic charging schemes for water consumption. The legislation had forced many Irish citizens to pay individual water charges, as opposed to water being a universal good provided solely through the government, free of charge. As the first bills arrived in January 2015, thousands of people took to the streets to protest what was perceived as austerity measures.
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How Public Schools Suffer from the Tragedy of the Commons
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Kollin Fields | Friday, February 1, 2019The problem with public education has always been and always will be that those who ostensibly own the schools—i.e. “the community”—actually own little to none of them.