On Paternalism

“However, as long as analysts presume that individuals cannot change such situations themselves, they do not ask what internal or external variables can enhance or impede the efforts of communities of individuals to deal creatively and constructively with perverse problems such as the tragedy of the commons.”

Elinor Ostrom, Governing the Commons: The Evolution of Institutions for Collective Action (Kindle Locations 406-407)


Property Rights & The Environment

“There appears then, to be some truth in the conservative dictum that everybody’s property is nobody’s property. Wealth that is free for all is valued by no one because he who is foolhardy enough to wait for its proper time of use will only find that it has been taken by another…. The fish in the sea are valueless to the fisherman, because there is no assurance that they will he there for him tomorrow if they are left behind today. ” — H. Scott Gordon, “The Economic Theory of a Common-Property Research: The Fishery”