Principles
Free Market Environmentalism (FME) is an approach to environmental problems that focuses on improving environmental quality using property rights and markets. It emphasizes three important points:
- Markets, property rights, and the rule of law are fundamental to economic growth, and economic growth is fundamental to improving environmental quality. There is a strong correlation between treatment of the environment and standards of living.
- Property Rights make the environment an asset rather than a liability thus giving owners an incentive for stewardship.
- Markets and the process of exchange give people who have different ideas and values regarding natural resource use a way of cooperating rather than fighting. When cooperation supplants conflict, gains from trade supplant negative-sum games.
Read more about this topic: Property And Environment Research Center
Famous quotes containing the word principles:
“[E]very thing is useful which contributes to fix us in the principles and practice of virtue.”
—Thomas Jefferson (1743–1826)
“Syntax is the study of the principles and processes by which sentences are constructed in particular languages. Syntactic investigation of a given language has as its goal the construction of a grammar that can be viewed as a device of some sort for producing the sentences of the language under analysis.”
—Noam Chomsky (b. 1928)
“Magic is akin to science in that it always has a definite aim intimately associated with human instincts, needs, and pursuits. The magic art is directed towards the attainment of practical aims. Like other arts and crafts, it is also governed by a theory, by a system of principles which dictate the manner in which the act has to be performed in order to be effective.”
—Bronislaw Malinowski (1984–1942)