The ability of the markets to serve public policy often outperforms that of the government and is the basis for the long relationship free countries have with capitalism.
This is notice of a new book on the subject.
An excerpt.
“Why is green equated with regulation? Why can't green mean harnessing the power of markets to improve the environment? Is there another path to better resource stewardship? In Greener Than Thou, Terry Anderson and Laura Huggins answer these and other questions as they make a case for free market environmentalism.
“In six insightful chapters, the authors make a powerful argument for free market environmentalism. They break down liberal and conservative stereotypes of what it means to be an environmentalist and show that, by forming local coalitions around market principles, stereotypes can be replaced by pragmatic solutions that improve environmental quality without increasing red tape.”