"Freedom only exists where there is complete respect for rights of property ownership..."

Paradigm Shift — Tue, 01 Jul 2008 01:49:31 EDT

"Freedom only exists where there is complete respect for rights of property ownership. When we go to another person's land, or home, or business, we should expect to be bound by their rules of conduct. And they should be free to protect their property and family as they see fit."

The key to sound environmental policy is respect for private property rights. The strict enforcement of property rights corrects environmental wrongs while increasing the cost of polluting.

In a free market, no one is allowed to pollute his neighbor's land, air, or water. If your property is being damaged, you have every right to sue the polluter, and government should protect that right. After paying damages, the polluter's production and sale costs rise, making it unprofitable to continue doing business the same way. Currently, preemptive regulations and pay-to-pollute schemes favor those wealthy enough to perform the regulatory tap dance, while those who own the polluted land rarely receive a quick or just resolution to their problems.

Posts with the tag Property rights

"Freedom only exists where there is complete respect for rights of property ownership..."