|
And it could have been done faster and less costly with market means and economic incentives. Regulations do work. By they do it poorly, with nowhere near the speed and cost effectiveness of an established system of property rights, an effective civil law system, economic incentives, innovative tax structures, and other decentralized measure. At the same time they are not coercive, and leave people free to choose, rather than giving the government more power.
In the USA, the effectiveness of your litigious culture has saved the environment. Had people not been able to sue government for not following its own laws, or individuals and corporations for violating their property rights, you would not have the same quality of environment.
__________________
Where there is doubt there is freedom.
|