Wednesday, November 16, 2011

Lessons from The Lorax

Steve Horwitz quotes a student paper on Facebook:

The situation depicted by Dr. Seuss [in The Lorax] in which the Onceler destroys the environment does not describe a market failure because the land in which it takes place does not adhere to the principles of a market economy because it lacks clear property rights.
It turns out that there is an excellent piece in The Journal of Private Enterprise on the Lessons from The Lorax.
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2 comments:

  1. Steven HorwitzNovember 16, 2011 at 9:12 PM

    If folks are interested, I can share the assignment from which that paper/quote was taken.

    ReplyDelete
  2. Troy CamplinNovember 17, 2011 at 11:13 AM

    We are definitely interested. Thanks!

    ReplyDelete

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