Essential Economics for Politicians

No! You’re assuming, because of course I think he’s a jerk and trying to be a dictator. I don’t know anything about the results of the wiretaps or whether he’s guilty. I’m awaiting an investigation to finish, but he and you keep screaming that everything is fake. I’m saying that it’s a Republican-led investigation and trump heartily endorsed the Chief investigator mueller and now he and his supporters are trying to derail it. I find that very suspicious, but I am not an idiot who screams “lock him up” when I don’t know what the F I’m talking about. People who do that are bad for the country. I have no idea if he’s guilty of anything except being a total creep who wants to be a dictator.

What makes you believe he wants to be a dictator? I'm not a Trump fan but I am a fan of some of the things he is trying to do. What's wrong with trying to secure our boarders with a wall? Other Presidents and Presidential candidates wanted a fence/barrier. I think a wall is a better barrier then a fence.

But back to President Trump wanting to be a dictator. I see no evidence of that.
 
What makes you believe he wants to be a dictator? I'm not a Trump fan but I am a fan of some of the things he is trying to do. What's wrong with trying to secure our boarders with a wall? Other Presidents and Presidential candidates wanted a fence/barrier. I think a wall is a better barrier then a fence.

But back to President Trump wanting to be a dictator. I see no evidence of that.

Not a t fan? You're not fooling anybody.
 
From the acknowledgement page:

Fred McMahon of the Fraser Institute once again served as an assiduous project editor, whose expertise
and careful eye improved the quality of the report. His work on the topic of freedom and his management of many of the scholarly seminars that led up to this publication played a key role in the creation of the index. We thank him for his collegiality, discipline, and valuable insights.


I love it when you post things that you don’t read.....again.
 
From the acknowledgement page:

Fred McMahon of the Fraser Institute once again served as an assiduous project editor, whose expertise
and careful eye improved the quality of the report. His work on the topic of freedom and his management of many of the scholarly seminars that led up to this publication played a key role in the creation of the index. We thank him for his collegiality, discipline, and valuable insights.


I love it when you post things that you don’t read.....again.

Clueless.

From page 389 -

About the Authors

Ian Vásquez is the director of the Center for Global Liberty and Prosperity at the Cato Institute and a columnist at El Comercio, a newspaper in Peru.

Tanja Porčnik is president and cofounder of the Visio Institute, a think tank based in Slovenia, and an adjunct scholar of the Cato Institute. She was formerly a senior fellow at the Atlas Economic Research Foundation; a government teaching fellow at the American Institute on Political and Economic Systems in Prague, Czech Republic (a joint program of Georgetown University and the Fund for American Studies); and a research associate and manager of external relations at the Cato Institute.​
 
Clueless.

From page 389 -

About the Authors

Ian Vásquez is the director of the Center for Global Liberty and Prosperity at the Cato Institute and a columnist at El Comercio, a newspaper in Peru. Tanja Porčnik is president and cofounder of the Visio Institute, a think tank based in Slovenia, and an adjunct scholar of the Cato Institute. She was formerly a senior fellow at the Atlas Economic Research Foundation; a government teaching fellow at the American Institute on Political and Economic Systems in Prague, Czech Republic (a joint program of Georgetown University and the Fund for American Studies); and a research associate and manager of external relations at the Cato Institute.​

So now that you've successfully defended the authorship that was clearly edited by McMahon of the Fraser institute, please tell us why the report is for "Suckers".
 
What's Missing from the Public Land Conservation Debate? Property Rights
Federal ownership is not the best way to preserve the land — private ownership is.

Land Management and the Knowledge Problem

Unfortunately, this is often executed poorly. Consider, for example, the longstanding issue of so-called overgrazing on federal lands in the west.

Environmental protection groups such as the Center for Biological Diversity argue that the Bureau of Land Management is subsidizing the destruction of native vegetation and wildlife habitats by charging ranchers a submarket rate for livestock grazing access.

While this suits the ranchers, does the practice meet the present and future needs of the Center for Biological Diversity’s thousands of supporters?

Dilemmas like this in federal lands policy that pit interest groups against one another should come as no surprise. The multiple use guiding principle, which demands the “combination that will best meet” Americans’ needs, holds the Bureau of Land Management and its counterparts to an impossible standard.

It is not the case that government agencies and their dutiful employees mean ill — we all know how earnest park rangers are — it is that agencies lack the capacity to administer resources in a way that reflects the best combination of uses.

Economists like Friedrich Hayek teach us that knowledge is diffuse, that valuations differ, and, therefore, that a concentration of economic power in government can lead to inefficient, harmful judgments.

Applied to federal lands policy, this principle indicates that guidance from Washington cannot tell us how to utilize land to best meet the present and future needs of the American people. What Hayek’s insight suggests, rather, is that the way to best meet present and future needs would be to enable the American people themselves to make determinations based on their own knowledge and valuations in a price-based marketplace.
 
Avoiding the Tragedy of the Commons

There is a popular misconception that markets are “short-sighted” and do not take future needs into account. But if this were true, then farmers would slaughter all of their livestock and would eat all of their seed corn.

Indeed, the “tragedy of the commons” is a well-known phenomenon in which overgrazing, overfishing, deforestation, and other issues occur because of a lack of property rights. For a recent example, consider the African white rhino, which was in danger of extinction due to black market poaching until private property rights in the rhinos were introduced and the species was saved. For the very same reason, nobody ever worries that cows will go extinct.
 
Groups that value land preservation, like the Center for Biological Diversity and Patagonia, Inc., would have just as much of a right to participate in the marketplace as would ranchers or companies that might use the land for commercial development.

With the implementation of a price-centric system for federal lands policy reform, individuals, advocacy groups, and companies alike would be able to express the value they attach to the land not through lobbying the government, as we see now, but through trading.

Rather than fuming at President Trump’s Bears Ears downsizing, conservationists and recreationists should consider whether they truly want the lands they love to be controlled from the sterile confines of federal offices in Washington or whether they might benefit from a more open, free system.
 
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