freemarketblog
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- Apr 5, 2009
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Here's a 10 minute YouTube video by Austrian Economist Walter Block explaining how the free market would handle endangered species. Very interesting explanation for those curious about this issue:
http://digg.com/political_opinion/Free_market_protects_endangered_species_not_government
Free market protects endangered species, not government
Privatizing endangered species would undoubtedly protect against extinction. Take for instance the American Buffalo: it was not privatized and the government gave free reign for overkilling resulting in near extinction. The cow (very similar to the buffalo), however, has never been endangered of extinction because it has always been privatized.
http://digg.com/political_opinion/Free_market_protects_endangered_species_not_government
Free market protects endangered species, not government
Privatizing endangered species would undoubtedly protect against extinction. Take for instance the American Buffalo: it was not privatized and the government gave free reign for overkilling resulting in near extinction. The cow (very similar to the buffalo), however, has never been endangered of extinction because it has always been privatized.